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GS Finance will price index-linked notes on S&P, Russell, Nasdaq-100
By Devika Patel
Knoxville, Tenn., June 22 – GS Finance Corp. plans to offer 0% index-linked notes due July 6, 2023 tied to the S&P 500 index, the Russell 2000 index and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
The payment at maturity will be par plus 170% of any gain in the lesser performing index. Investors will receive par if the lesser performing index falls by up to 40% and will lose 1% for each 1% decline of the lesser performing index from its initial level if it finishes below 60% of its initial level.
Goldman Sachs & Co. is the agent.
The notes (Cusip: 40055QGC0) will price June 28 and settle July 3.
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