GS Finance plans index-linked notes due 2023 tied to the Dow

By Marisa Wong

Morgantown, W.Va., Jan. 13 – GS Finance Corp. plans to price 0% index-linked notes due July 28, 2023 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 finishes at or above the initial level, the payout at maturity will be par of $1,000 plus any index gain, subject to a maximum settlement amount of $1,650 to $1,700 per $1,000 principal amount of notes.

If the index falls, the payout will be par.

Goldman Sachs & Co. is the underwriter.

The notes will price on Jan. 25 and settle on Jan. 28.

The Cusip number is 40054CAM6.

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