Goldman plans six-year leveraged absolute return notes tied to the Dow

By Susanna Moon

Chicago, June 1 – GS Finance Corp. plans to price 0% leveraged notes due June 24, 2022 linked 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 above its initial level, the payout at maturity will be par plus 1.34 to 1.44 times the return.

If the index falls by up to 30%, the payout will be par plus the absolute value of the return.

If the index finishes below the 70% trigger level, investors will be fully exposed to any losses.

Goldman Sachs & Co. is the agent.

The notes will price on June 17 and settle on June 24.

The Cusip number is 40054KDB9.

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