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

By Susanna Moon

Chicago, Jan. 4 - 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 finishes at or above 75% of the initial level, the payout at maturity will be the maximum settlement amount of $1,060 to $1,070 per $1,000 principal amount. The exact amount will be set at pricing.

Investors will lose 1.3333% for each 1% decline beyond 25%.

Goldman, Sachs & Co. is the underwriter.

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