GS Finance plans leveraged buffered notes due 2020 linked to S&P 500

By Marisa Wong

Morgantown, W.Va., June 26 – GS Finance Corp. plans to price 0% leveraged buffered index-linked notes due Jan. 2, 2020 tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index return is positive, the payout at maturity will be par plus 2 times the index return, subject to a maximum settlement amount of $1,170 to $1,200 per $1,000 principal amount. Investors will receive par if the index falls by up to 10% and lose 1% for every 1% decline in the index beyond 10%.

Goldman Sachs & Co. is the agent.

The notes will price on June 27.

The Cusip number is 40054LE83.

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