Goldman plans leveraged notes with 20.25%-23.25% cap linked to S&P 500

By Susanna Moon

Chicago, Jan. 23 - Goldman Sachs Group, Inc. plans to price 0% leveraged notes linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will mature between 24 and 27 months after pricing.

The payout at maturity will be par plus 1.5 times any index gain, up to a maximum settlement amount of $1,202.50 to $1,232.50 for each $1,000 principal amount.

Investors will be exposed to any losses.

Goldman Sachs & Co. is the underwriter.

The exact deal terms will be set at pricing.

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