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Goldman plans buffered notes tied to S&P 500 Equal Weight Energy
By Jennifer Chiou
New York, Jan. 12 – Goldman Sachs Group, Inc. plans to price 0% buffered notes linked to the S&P 500 Equal Weight Energy index, according to a 424B2 with the Securities and Exchange Commission.
The notes are set to mature between 13 and 16 months after pricing.
The payout at maturity will be par plus any index gain, up to a maximum settlement amount of $1,235 to $1,275 for each $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%.
Goldman Sachs & Co. is the agent.
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