GS Finance plans 24- to 27-month leveraged notes tied to S&P 500

By Marisa Wong

Morgantown, W.Va., Jan. 23 – GS Finance Corp. plans to price 0% 24- to 27-month leveraged notes linked to the S&P 500 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 2 times the index return, subject to a maximum settlement amount that is expected to be $1,155.60 to $1,183 per $1,000 principal amount of notes and will be set at pricing. Investors will be fully exposed to any index decline.

Goldman Sachs & Co. is the underwriter.

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