Goldman plans six-year leveraged buffer digital notes tied to indexes

By Susanna Moon

Chicago, Oct. 23 – GS Finance Corp. plans to price 0% leveraged buffered digital index-linked notes due Oct. 30, 2023 linked to the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index closes at or above its initial level, the payout at maturity will be par plus the greater of 30% and 1.25 times the return of the worse performing index.

Investors will receive par if the index falls by up to 30% and lose 1% for each 1% decline beyond 30%.

Goldman Sachs Group, Inc. is the guarantor.

Goldman Sachs & Co. LLC is the agent.

The notes will price on Oct. 25.

The Cusip number is 40054LW59.

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