GS Finance to price leveraged buffered notes due 2021 tied to Russell

By Sarah Lizee

Olympia, Wash., June 19 – GS Finance Corp. plans to price 0% leveraged buffered index-linked notes due June 24, 2021 tied 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 1.2 times the index return, subject to a maximum settlement amount of $1,295 for each $1,000 principal amount.

Investors will receive par if the index falls by up to 20% and will lose 1% for each 1% decline beyond 20%.

Goldman Sachs & Co. is the underwriter.

The notes (Cusip: 40055QGL0) are expected to price on June 21 and settle on June 26.

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