GS Finance plans trigger digital securities tied to iShares Russell

By Marisa Wong

Morgantown, W.Va., Nov. 30 – GS Finance Corp. plans to price 0% trigger digital notes due Nov. 8, 2018 linked to the iShares Russell 2000 exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the final share price is greater than or equal to the downside threshold, 70% of the initial share price, the payout at maturity will be par plus 11.7%. If the final share price is less than the downside threshold, investors will lose 1% for each 1% decline.

Goldman, Sachs & Co. is the agent.

The notes will price on Dec. 2.

The Cusip number is 36251U384.

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