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

By Devika Patel

Knoxville, Tenn., Dec. 10 – GS Finance Corp. plans to price 0% index-linked notes due Dec. 27, 2023 tied to the S&P 500 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.

The payment at maturity will be par plus 1.2 times to 1.3 times any gain in the lesser performing index. Investors will receive par if the lesser performing index falls by up to 20% and will lose 1% for each 1% decline beyond 20%.

The exact terms will be set at pricing.

Goldman Sachs & Co. is the agent.

The notes (Cusip: 40056EJZ2) will price Dec. 21 and settle Dec. 27.

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