Goldman Sachs to price leveraged buffered notes linked to S&P GSCI Enhanced Commodity index

By Angela McDaniels

Tacoma, Wash., Aug. 19 - Goldman Sachs Group, Inc. plans to price 0% leveraged buffered notes linked to the S&P GSCI Enhanced Commodity Index Excess Return, according to a 424B2 filing with the Securities and Exchange Commission.

The tenor of the notes is expected to be 18 to 20 months.

The payout at maturity will be par plus 140% of any index gain, subject to a maximum return that is expected to be 39.2% to 46.2% and will be set at pricing. Investors will receive par if the index falls by 10% or less and will lose 1.1111% for every 1% decline in the index beyond 10%.

Goldman, Sachs & Co. will be the underwriter.

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