Goldman sets pricing date for leveraged buffered notes tied to S&P 500

By Susanna Moon

Chicago, July 6 - Goldman Sachs Group, Inc. plans to price 0% leveraged buffered index-linked notes tied to the S&P 500 index on July 17, according to a 424B2 filing with the Securities and Exchange Commission.

The company first announced plans for the notes on June 8.

As previously reported, the notes will mature 60 months after issue.

The payout at maturity will be par plus 1.40 to 1.55 times any index gain, with the exact participation rate to be set at pricing.

Investors will receive par if the index falls by up to 50% and will lose 2% for every 1% that it declines beyond 50%.

Goldman Sachs & Co. is the underwriter.

The Cusip number is 38143UY70.

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