Goldman plans leveraged buffered notes tied to MSCI Spain 25/50 stocks

By Susanna Moon

Chicago, Nov. 12 – Goldman Sachs Group, Inc. plans to price 0% leveraged buffered notes linked to the an unequally weighted basket of the 25 common shares of the companies included in the MSCI Spain 25/50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will mature between 18 and 21 months after pricing.

The underlying companies are Abertis Infraestructuras SA, ACS Actividades de Construccion y Servicios SA, Aena SA, Amadeus IT Holding SA, Banco Bilbao Vizcaya Argentaria, Banco De Sabadell SA, Banco Popular Espanol, Banco Santander SA, Bankia SA, Bankinter, SA, Caixabank SA, Distribuidora Internacional de Alimentacion SA, Enagas SA, Endesa SA, Ferrovial SA, Gas Natural SDG SA, Grifols SA, Iberdrola SA, Inditex, International Consolidated Airlines Group SA, Mapfre SA, Red Electrica Corporacion SA, Repsol SA, Telefonica SA, Zardoya Otis SA.

The payout at maturity will be par plus 1.2 times any basket gain.

Investors will receive par if the basket falls by up to 15% and will lose 1.1765% for every 1% decline beyond the buffer.

Goldman Sachs & Co. is the agent.

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