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GS Finance plans to price eight-year notes linked to Dow Jones
By Tali Rackner
Minneapolis, April 21 – GS Finance Corp. plans to price 0% index-linked notes due April 29, 2025 tied to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If the index return is positive, the payout at maturity par plus the index return, subject to a maximum settlement amount of $1,185 to $2,000 per $1,000 principal amount.
If the index return is zero or negative the payout will be par.
Goldman Sachs & Co. is the underwriter.
The notes will price on April 24 and settle on April 27.
The Cusip number is 40054L3U6.
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