Goldman Sachs to price 0% digital notes linked to Russell 2000 index

By Susanna Moon

Chicago, March 13 - Goldman Sachs Group, Inc. plans to price 0% digital index-linked notes tied to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are expected to mature between 18 and 21 months after pricing.

If the index finishes at or above the 90% trigger level, the payout at maturity will be the maximum settlement amount of $1,076 to $1,089 per $1,000 principal amount of notes. The exact digital payment will be set at pricing.

Otherwise, investors will lose 1.1111% for each 1% decline beyond 10%.

The exact deal terms, including maturity and payment cap, will be set at pricing.

Goldman Sachs & Co. is the underwriter.

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