Goldman amends cap in planned buffered digital notes on Russell 2000

By Jennifer Chiou

New York, Oct. 4 - Goldman Sachs Group, Inc. modified the terms of its planned 13- to 15-month 0% buffered digital notes linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be the maximum settlement amount if the index return is greater than or equal to negative 15%. The maximum settlement amount is now expected to be between $1,060 and $1,070 per $1,000 principal amount of notes and will be set at pricing. It was originally to be in the range of $1,077.50 to $1,090.00.

If the index return is less than negative 15%, investors will lose 1% for every 1% that the index declines beyond 15%.

The Cusip is 38143U6Z9.

Goldman Sachs & Co. is the underwriter.

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