Goldman plans 0% notes due 2020 tied to SPDR S&P Oil & Gas

By Susanna Moon

Chicago, Feb. 27 – GS Finance Corp. plans to price 0% notes due March 5, 2020 linked to the SPDR S&P Oil & Gas Exploration & Production ETF, according to a 424B2 filing with the Securities and Exchange Commission.

If the fund finishes at or above its 75% threshold, the payout at maturity will be par plus the contingent minimum return of 11.1%.

Otherwise, the payout will be par plus the return.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the underwriter with JPMorgan as placement agent.

The notes will price on March 1.

The Cusip number is 40056EYL6.

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