GS Finance plans to price index-linked notes on Russell, S&P

By Sarah Lizee

Olympia, Wash., Nov. 22 – GS Finance Corp. plans to price 0% index-linked notes due Nov. 29, 2024 tied to the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If each index finishes at or above its initial level, the payout at maturity will be the threshold settlement amount of $1,300 per $1,000 principal amount of notes.

If either index falls by up to 35%, the payout will be par plus the absolute value of the worst performing index.

If either index falls by more than 35%, investors will lose 1% for every 1% decline of the lesser performing index from its initial level

Goldman Sachs & Co. LLC is the agent.

The notes will price on Nov. 25.

The Cusip number is 40056XNG7.

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