Goldman plans six-year digital notes with trigger tied to two indexes

By Susanna Moon

Chicago, Dec. 1 – GS Finance Corp. plans to price 0% digital index-linked notes due Dec. 29, 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 the maximum settlement amount of $1,700 to $1,750 for each $1,000 principal amount.

Investors will receive par if either index falls by up to 30% and lose 1% for each 1% decline of the worse performing index if it finishes below its 70% trigger level.

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

Goldman Sachs & Co. LLC is the agent.

The notes will price on Dec. 21.

The Cusip number is 40055A5F0.

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