Goldman plans 18- to 21-month leveraged buffered notes on Russell 2000

By Susanna Moon

Chicago, May 24 - Goldman Sachs Group, Inc. plans to price 18- to 21-month 0% leveraged buffered index-linked notes tied to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any index gain, up to a maximum settlement amount of $1,240 to $1,280 for each $1,000 principal amount. 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 each 1% decline beyond 15%.

Goldman Sachs & Co. is the underwriter.

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