GS Finance to price 48- to 51-month buffered digital notes on Stoxx

By Sarah Lizee

Olympia, Wash., Sept. 26 – GS Finance Corp. intends to price 0% buffered digital notes due in 48 to 51 months linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the final index level is greater the initial index level, the payout at maturity will be the greater of the threshold settlement amount and par plus the index return. The threshold settlement amount is expected to fall between $1,610 and $1,670 per $1,000 of notes and will be set at pricing.

Investors will receive par if the index declines by up to 15% and will lose 1.1765% for each 1% decline beyond the 15% buffer.

Goldman Sachs & Co. is the agent.

The Cusip number is 40056E2L1.

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