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GS Finance plans digital notes due 2019 linked to Russell 2000
By Marisa Wong
Morgantown, W.Va., Jan. 13 – GS Finance Corp. plans to price 0% digital index-linked notes due Jan. 31, 2019 linked to the Russell 2000 index, according to a 424B2 filed with the Securities and Exchange Commission.
If the index finishes at or above the 85% trigger level, the payout at maturity will be the maximum settlement amount of $1,160 per $1,000 principal amount.
Otherwise, investors will lose 1% for every 1% decline beyond 15%.
Goldman Sachs & Co. is the underwriter.
The notes will price on Jan. 27 and settle on Jan. 29.
The Cusip number is 40054CAL8.
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