GS Finance plans index-linked notes tied to Nasdaq, Russell

By Sarah Lizee

Olympia, Wash., April 2 – GS Finance Corp. plans to price 0% index-linked notes due June 3, 2020 tied to the Nasdaq-100 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

A trigger event will occur if the closing level of any index is less than its trigger level of 75% of its initial level on any day during the life of the notes.

If a trigger event has not occurred, the payout at maturity will be between $1,100 and $1,110 per $1,000 face amount of notes.

If a trigger event has occurred and the final level of each index is greater than or equal to its initial level, the payout will be par.

If a trigger event has occurred and the final level of any index is less than its initial level, investors will be fully exposed to the decline of the lesser performing index.

Goldman Sachs & Co. LLC is the agent.

The notes (Cusip: 40056FAJ4) will price on April 30.

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