Goldman Sachs plans buffered digital notes linked to Russell 2000

By Toni Weeks

San Diego, Feb. 29 - Goldman Sachs Group, Inc. plans to price 0% buffered index-linked digital notes tied to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are expected to mature 13 to 15 months after issue.

If the final index level is at least 80% of the initial level, the payout at maturity will be the threshold settlement amount of $1,079.00 to $1,092.50. The exact digital payment will be set at pricing.

Investors will lose 1.25% for every 1% decline in the index beyond 20%.

Goldman Sachs & Co. is the underwriter.

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