GS Finance plans to price buffered PLUS linked to S&P 500 index

By Wendy Van Sickle

Columbus, Ohio, March 2 – GS Finance Corp. plans to price 0% buffered Performance Leveraged Upside Securities due Oct. 3, 2018 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.

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

If the final index level is greater than the initial index level, the payout at maturity will be par of $10 plus 200% of the index return, subject to a maximum payment of $12.50 per PLUS. Investors will receive par if the index declines by 10% or less and will be exposed to index declines beyond 10%.

Goldman Sachs & Co. is the agent. Morgan Stanley Wealth Management is acting as dealer.

The notes will price March 16.

The Cusip number is 36250E456.

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