GS Finance to price index-linked notes linked to S&P, EM index

By Sarah Lizee

Olympia, Wash., Feb. 3 – GS Finance Corp. plans to price 0% index-linked notes due Feb. 7, 2025 tied to the S&P 500 index and the MSCI Emerging Markets 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 will be the greater of par plus the return of the lesser performing index and $1,482.50 per $1,000 of notes.

If either index falls by up to 40%, the payout will be par.

If the lesser performing index falls by more than 40%, investors will lose 1% for every 1% decline of that index.

Goldman Sachs & Co. LLC is the agent.

The notes will price on Feb. 4.

The Cusip number is 40056YGM0.

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