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

By Sarah Lizee

Olympia, Wash., June 7 – GS Finance Corp. plans to price 0% leveraged buffered index-linked notes due in 24 to 27 months 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 1.5 times the index return, subject to the maximum settlement amount of $1,186.45 to $1,219.3 for each $1,000 principal amount.

Investors will receive par if the index falls by up to 10% and will lose 1.1111% for each 1% decline beyond 10%.

Goldman Sachs & Co. is the underwriter.

The Cusip number is 40055QF49.

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