Goldman Sachs plans leveraged index-linked notes tied to S&P 500

By Jennifer Chiou

New York, May 3 - Goldman Sachs Group, Inc. plans to price 0% leveraged index-linked notes due in 24 to 27 months tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus three times the increase in the index, subject to a maximum settlement amount of between $1,217.50 and $1,255.00 per $1,000 principal amount. Investors will be fully exposed to any decrease.

The exact terms of the notes will be set at pricing.

Goldman Sachs & Co. is the underwriter.

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