GS Finance to price leveraged buffered digital notes on Russell, S&P

By Wendy Van Sickle

Columbus, Ohio, June 22 – GS Finance Corp. plans to price 0% leveraged buffered digital notes due June 29, 2023 linked to the lesser performing of the S&P 500 index and 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 return of the lesser performing index is zero or positive, the payout at maturity will be par plus the greater of 30% and 1.25 times the lesser performing index return. Investors will receive par if the lesser-performing index declines by 30% or less and will lose 1% for every 1% that it declines beyond 30%.

Goldman Sachs & Co. is the underwriter.

The notes will price on June 26.

The Cusip number is 40054LDW1.

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