GS Finance to price leveraged buffered notes tied to S&P 500 index

By Marisa Wong

Morgantown, W.Va., Feb. 16 – GS Finance Corp. plans to price 0% 18- to 21-month leveraged buffered notes linked to the S&P 500 index, according to a 424B2 filed with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index return is positive, the payout at maturity will be par plus 200% of the index return, subject to a maximum settlement amount of $1,170 to $1,200 per $1,000 principal amount of notes. Investors will receive par if the index declines by 10% or less and will lose 1.1111% for every 1% that the index declines beyond 10%.

Goldman Sachs & Co. is the underwriter.

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