Goldman plans buffered return optimization notes linked to Hang Seng

By Marisa Wong

Madison, Wis., Oct. 8 – Goldman Sachs Group Inc. plans to price 0% buffered return optimization securities due Oct. 31, 2017 to the Hang Seng China Enterprises index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par of $10 plus 1.5 times any index gain, up to a maximum return of 70% to 80% that will be set at pricing.

Investors will receive par if the shares fall by up to 10% and will be exposed to losses beyond 10%.

Goldman, Sachs & Co. is the agent.

The notes will price on Oct. 28 and settle on Oct. 31.

The Cusip number is 38148F653.

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