Goldman Sachs plans leveraged buffered notes linked to MSCI EAFE index

By Tali Rackner

Norfolk, Va., Nov. 23 – Goldman Sachs Group, Inc. plans to price 18- to 21-month 0% leveraged buffered notes linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 1.5 times the index return, subject to a maximum settle amount that is expected to be between $1,244.50 and $1,286.50 per $1,000 principal amount. The exact cap will be set at pricing.

Investors will receive par if the index return is zero or declines by up to 5%. If the return is below negative 5%, investors will lose 1.0526% for every 1% that the index declines beyond 5%.

Goldman Sachs & Co. is the agent.

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