GS Finance plans leveraged buffered notes tied to index basket

By Sarah Lizee

Olympia, Wash., Jan. 7 – GS Finance Corp. plans to price 0% leveraged buffered notes due Jan. 13, 2025 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

The basket consists of the S&P 500 index, the Euro Stoxx 50 index and the Russell 2000 index, each with a 33.33% weight.

The payout at maturity will be par plus 1.123 times the basket gain.

Investors will receive par if the basket finishes flat or falls by up to 35% and will lose 1% for every 1% decline beyond 35%.

Goldman Sachs & Co. LLC is the agent.

The notes will price on Jan. 8.

The Cusip number is 40056Y6E9.

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