Goldman plans six-year digital notes tied to S&P 500, Russell 2000

By Susanna Moon

Chicago, Oct. 11 – GS Finance Corp. plans to price 0% digital index-linked notes due Oct. 27, 2023 linked to the least performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its initial level, the payout at maturity will be the maximum settlement amount of $1,705 to $1,755 for each $1,000 principal amount.

Investors will receive par if either index falls by up to 30% and will lose 1% for each 1% decline of the worse performing index if it finishes below the 70% trigger level.

Goldman Sachs Group, Inc. is the guarantor.

Goldman Sachs & Co. LLC is the agent.

The notes will price on Oct. 20 and settle on Oct. 27.

The Cusip number is 40054LV35.

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