Goldman plans three-year digital notes with buffer tied to Russell

By Susanna Moon

Chicago, Nov. 8 – GS Finance Corp. plans to price 0% digital notes due Dec. 2, 2021 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its 85% threshold, the payout at maturity will be the maximum settlement amount of between $1,180 and $1,190 for each $1,000 principal amount.

Otherwise, investors will lose 1% for each 1% decline beyond 15%.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the underwriter.

The notes will price on Nov. 27.

The Cusip number is 40056ED47.

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