Goldman Sachs plans to price leveraged notes linked to four ETFs

By Angela McDaniels

Tacoma, Wash., Nov. 23 - Goldman Sachs Group, Inc. plans to price 27- to 30-month 0% leveraged basket-linked notes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket includes equal weights of the iShares FTSE/Xinhua China 25 index fund, the iShares MSCI Australia index fund, the iShares MSCI South Korea index fund and the iShares MSCI Taiwan index fund.

The payout at maturity will be par plus double any basket gain, subject to a maximum return that is expected to be 46% to 54% and will be set at pricing. Investors will be exposed to any basket decline.

Goldman Sachs & Co. is the underwriter.

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