Goldman Sachs plans leveraged notes linked to Russell 2000 index

By Marisa Wong

Madison, Wis., April 15 – Goldman Sachs Group, Inc. plans to price 0% leveraged notes due May 4, 2016 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus two times any index gain, subject to a maximum settlement amount of $1,173 per $1,000 of notes.

Investors will share in any losses.

The final index level will be the average of the closing index levels on the five trading days ending April 29, 2016.

Goldman Sachs & Co. is the underwriter. J.P. Morgan Securities LLC is the placement agent.

The notes are expected to price April 17 and settle April 22.

The Cusip number is 38147QZ90.

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