Goldman Sachs plans buffered digital notes linked to S&P 500 index

By Toni Weeks

San Diego, March 12 - Goldman Sachs Group, Inc. plans to price 0% buffered index-linked digital notes tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are expected to mature 60 to 69 months after issue.

If the index return is positive, the payout at maturity will be the threshold settlement amount of $1,485 to $1,570. The exact digital payment will be set at pricing.

Investors will receive par if the index falls by up to 15% and will be exposed to losses if the index falls beyond the 15% buffer.

Goldman Sachs & Co. is the underwriter.

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