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GS Finance plans to price leveraged notes linked to Nasdaq-100 index
New York, July 19 – GS Finance Corp. will sell 13- to 15-month 0% leveraged notes linked to the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by the Goldman Sachs Group, Inc.
The exact maturity will be set at pricing.
If the index return is positive, the payout at maturity will be par plus double the index return, subject to a maximum settlement amount of between $1,153.00 and $1,179.80 per $1,000 of notes. The exact cap will be set at pricing.
Otherwise, investors will lose 1% for every 1% decline of the index from its initial level.
Goldman Sachs & Co. is the agent.
The Cusip is 40055QND0.
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