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

By Devika Patel

Knoxville, Tenn., Nov. 25 – Goldman Sachs Group, Inc. plans to price 0% digital notes linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will mature between 23 and 26 months after pricing, with the exact maturity to be set at pricing.

If the index return is greater than or equal to negative 15%, the payout at maturity will be the maximum settlement amount, which is expected to be between $1,125 and $1,147 per $1,000 of notes, with the exact amount to be set at pricing. Otherwise, investors will lose about 1.1765% for every 1% that the index declines beyond 15%.

Goldman Sachs & Co. is the agent.

The notes are expected to price and settle in 2015.

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