GS Finance plans to price leveraged notes linked to Dow, S&P MidCap

By Angela McDaniels

Tacoma, Wash., April 11 – GS Finance Corp. plans to price 0% leveraged notes due July 30, 2020 linked to the lesser performing of the Dow Jones industrial average and the S&P MidCap 400 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Goldman Sachs Group, Inc.

If the final level of each index is greater than its initial level, the payout at maturity will be par plus 125% of the return of the lesser-performing index, subject to a maximum settlement amount of $1,145 per $1,000 principal amount of notes.

If the final level of either index is less than or equal to its initial level, investors will be exposed to the decline of the lesser-performing index, subject to a minimum settlement amount of $920 per $1,000 principal amount of notes.

Goldman Sachs & Co. LLC is the underwriter.

The notes are expected to price April 26.

The Cusip number is 40056FBK0.

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