Goldman Sachs plans to price digital notes linked to Russell 2000

By Toni Weeks

San Diego, Dec. 18 - Goldman Sachs Group, Inc. plans to price 0% index-linked digital notes tied to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are expected to mature 24 to 27 months after issue.

If the final index level is equal to or greater than 85% of the initial level, investors will receive the maximum settlement amount of $1,130.00 to $1,152.50 per $1,000 principal amount. The exact digital payment will be set at pricing.

If the final index level drops below the trigger level, investors will lose 1.1765% for every 1% drop in the index beyond the 15% buffer.

Goldman Sachs & Co. is the underwriter.

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