Goldman Sachs to price leveraged buffered notes tied to S&P 500

By Jennifer Chiou

New York, May 30 - Goldman Sachs Group, Inc. plans to price 0% leveraged buffered notes due 2018 linked 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 1.2 to 1.3 times the index return. The exact participation rate will be set at pricing.

If the index falls by up to 25%, the payout will be par. Investors will lose 1.3333% for every 1% index decline beyond the 25% buffer.

The Cusip is 38147QAD8.

Goldman Sachs & Co. is the underwriter.

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