Goldman Sachs plans to price digital notes linked to Russell 2000

By Tali Rackner

Norfolk, Va., Oct. 1 – Goldman Sachs Group, Inc. plans to price 0% digital notes due Nov. 1, 2018 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than or equal to 85% of the initial level, the payout at maturity will be the maximum settlement amount of $1,160 per $1,000 principal amount of notes.

Otherwise, investors will lose 1% for every 1% that the index declines beyond the 15% buffer.

Goldman Sachs & Co. is the underwriter.

The notes are expected to price on Oct. 28 and settle on Oct. 30.

The Cusip number is 38148TFX2.

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