Goldman plans leveraged notes on S&P GSCI Enhanced E96 Excess Return

By Susanna Moon

Chicago, Aug. 27 - Goldman Sachs Group, Inc. plans to price 0% leveraged buffered commodity strategy-linked notes on the S&P GSCI Enhanced E96 Excess Return Strategy, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will mature between 36 and 42 months after pricing.

The payout at maturity will be par plus 1.5 times any index gain, up to a maximum settlement amount $1,375 to $1,450 per $1,000 principal amount.

Investors will receive par if the index falls by up to 10% and will lose 1.1111% for each 1% decline beyond 10%.

The exact deal terms will be set at pricing.

Goldman, Sachs & Co. is the underwriter.

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