Goldman Sachs plans to price buffered notes linked to MSCI EAFE

By Toni Weeks

San Luis Obispo, Calif., July 28 – Goldman Sachs Group, Inc. plans to price 0% buffered index-linked notes tied to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are expected to mature 24 to 27 months after pricing.

If the index return is positive, the payout at maturity will be par plus the gain, subject to a maximum payout of $1,145 to $1,170 per $1,000 of notes. The exact cap will be set at pricing.

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

Goldman Sachs & Co. is the underwriter.

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