GS Finance plans to price leveraged buffered notes linked to Dow

By Angela McDaniels

Tacoma, Wash., July 25 – GS Finance Corp. plans to price 0% leveraged buffered notes due Sept. 2, 2021 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 200% of the index return, subject to a maximum settlement amount that is expected to be between $1,187.50 and $1,207.50 per $1,000 principal amount of notes. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that the index declines beyond 10%.

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

Goldman Sachs & Co. LLC is the underwriter.

The notes are expected to price Aug. 30.

The Cusip number is 40056FW76.

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