GS Finance plans 2.5-year leveraged buffered notes on Russell 2000

By Marisa Wong

Morgantown, W.Va., Feb. 22 – GS Finance Corp. plans to price 0% leveraged buffered notes due Aug. 28, 2019 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Goldman Sachs Group, Inc.

If the index return is positive, the payout at maturity will be par plus 2 times the index gain, subject to a maximum settlement amount of $1,230 to $1,270 per $1,000 principal amount.

If the index falls by up to 10%, the payout will be par. Investors will lose 1% for each 1% decline beyond 10%.

Goldman Sachs & Co. is the agent.

The notes will price on Feb. 23.

The Cusip number is 40054KVW3.

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