GS Finance plans to price buffered notes due 2022 on S&P 500 index

By Devika Patel

Knoxville, Tenn., Jan. 5 – GS Finance Corp. plans to price 0% buffered notes due Jan. 31, 2022 linked to the S&P 500 index, 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 will be par of $10 plus the index return.

Investors will receive par if the index declines by up to 25% and will lose 1% for each 1% decline beyond 25%.

Goldman Sachs & Co. is the agent.

The notes (Cusip: 40054KSP2) will price on Jan. 26 and settle on Jan. 31.

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