GS Finance reports plans to sell digital notes linked to three stocks

By Devika Patel

Knoxville, Tenn., July 9 – GS Finance Corp. plans to price 0% digital notes due July 17, 2019 linked to the worst performing of the common stocks of Macy’s, Inc., Amazon.com, Inc. and Celgene Corp., according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If each stock finishes at or above 70% of its initial level, the payout at maturity will be the threshold settlement amount of $1,255 per $1,000 of notes.

Otherwise, investors will lose 1% for every 1% decline of the worst-performing stock from its initial level.

Goldman Sachs & Co. is the agent.

The notes (Cusip: 40055QMG4) will price on July 10 and settle on July 17.

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