Goldman plans buffered equity index-linked notes tied to S&P 500

By Jennifer Chiou

New York, Dec. 15 - Goldman Sachs Group, Inc. plans to price 0% buffered equity index-linked notes due in 13 to 15 months tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is at or greater than 80% of the initial level, the payout at maturity will be the maximum settlement amount of between $1,087.50 and $1,102.50 per $1,000 principal amount. The exact amount will be set at pricing.

Investors will receive share in losses beyond 20% at a rate of 1.25% per 1% decline.

Goldman, Sachs & Co. is the underwriter.

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