Goldman Sachs to price buffered index-linked notes tied to S&P 100

By Toni Weeks

San Diego, Jan. 25 - Goldman Sachs Group, Inc. plans to price 31- to 33-month 0% buffered index-linked notes linked to the S&P 100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout will be dependent on the final index value on the maturity date.

If the final index level is greater than 95% of the initial index level, the payout will be par plus the index return.

If the final index level is between 70% and 95%, inclusive, of its initial value, investors will receive $950 per $1,000 principal amount.

If the index level falls below 70% of its initial value, for each $1,000 principal amount investors will be paid $950 less 1.3571 times any index losses beyond 30%.

The exact deal terms will be set at pricing.

Goldman, Sachs & Co. is the underwriter.

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