GS Finance plans two-year capped buffer gears linked to Russell 2000

By Marisa Wong

Morgantown, W.Va., March 27 – GS Finance Corp. plans to price 0% capped buffer gears due March 29, 2019 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index return is positive, the payout at maturity will be par plus two times the index gain, subject to a maximum settlement amount of $11.70 to $12.00 for each $10 face amount.

If the index finishes at or below the initial level but at or above the downside threshold, 90% of the initial level, the payout will be par.

Otherwise, investors will be exposed to losses beyond 10%.

Goldman, Sachs & Co. is the underwriter.

The notes will price on March 28.

The Cusip number is 36251V259.

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