Goldman Sachs to price leveraged buffered notes tied to Euro Stoxx 50

By Toni Weeks

San Diego, April 11 - Goldman Sachs Group, Inc. plans to price 0% leveraged buffered index-linked notes tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are expected to mature 18 to 21 months after issue.

The initial index level and the final index level will be converted from euros into dollars at the exchange rate then in effect.

If the index gains, the payout at maturity will be par plus three times the index return, subject to a maximum payment of $1,255 to $1,300 per $1,000 principal amount. The exact maximum payment will be set at pricing.

Investors will receive par if the index falls by up to 15% and will lose 1.1765% for every 1% decline in the index beyond the 15% buffer.

Goldman Sachs & Co. is the underwriter.

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