GS Finance plans leveraged notes tied to iShares U.S. Real Estate ETF

By Devika Patel

Knoxville, Tenn., April 30 – GS Finance Corp. intends to price 0% leveraged notes due July 5, 2019 linked to the iShares U.S. Real Estate 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 fund return is positive, the payout at maturity will be par plus 160% of the fund return.

Investors lose 1% for each 1% decline from the initial level.

Goldman Sachs & Co. is the agent.

The notes (Cusip: 40055AZQ3) will price on May 1 and settle May 4.

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