Goldman plans leveraged buffered notes linked to S&P 500 index

By Jennifer Chiou

New York, Aug. 21 - 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 1.22 to 1.3 times the index return. The participation rate will be set at pricing.

Investors will receive par if the index falls by up to 30% and will lose 1.4286% for every 1% index decline beyond the 30% buffer.

The Cusip is 38147QQN9.

Goldman Sachs & Co. is the underwriter.

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