GS Finance plans leveraged buffered notes linked to Stoxx Europe 600

By Angela McDaniels

Tacoma, Wash., Sept. 20 – GS Finance Corp. plans to price 0% leveraged buffered notes due Nov. 8, 2017 linked to the Stoxx Europe 600 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Goldman Sachs Group, Inc.

If the final index level is greater than the initial index level, the payout at maturity will be par plus two times the index return, subject to a maximum settlement amount of $1,140 per $1,000 principal amount of notes. Investors will receive par if the index declines by 10% or less and will lose 1.1111% for every 1% that it declines beyond 10%.

Goldman Sachs & Co. is the underwriter with J.P. Morgan Securities LLC as placement agent.

The notes will price Sept. 23.

The Cusip number is 40054KKP0.

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