Goldman plans three-year buffered digital notes tied to the Dow

By Jennifer Chiou

New York, March 1 - Goldman Sachs Group, Inc. plans to price 0% buffered index-linked digital notes tied to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are expected to mature 36 months after issue.

If the final index level is at least the initial level, the payout at maturity will be par plus the greater of the threshold settlement amount of $1,180 to $1,220 and the index return. The exact digital payment will be set at pricing.

Investors will receive par if the index falls by up to 15% and will be exposed to losses beyond 15%.

The Cusip is 38143UT27.

Goldman Sachs & Co. is the underwriter.

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