GS Finance to price leveraged buffered notes due 2019 tied to S&P 500

By Sarah Lizee

Olympia, Wash., June 12 – GS Finance Corp. plans to price 0% leveraged buffered index-linked notes due Nov. 7, 2019 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 double the index return, subject to the maximum settlement amount of $1,115 for each $1,000 principal amount.

Investors will receive par if the index falls by up to 15% and will lose 1% for each 1% decline beyond 15%.

Goldman Sachs & Co. is the underwriter.

The Cusip number is 40055QFE7.

The notes will price on July 2 and settle on July 6.

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