Goldman Sachs plans to price leveraged notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., July 31 - Goldman Sachs Group, Inc. plans to price 0% leveraged medium-term notes linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The tenor of the notes is expected to be 24 to 27 months.

The initial index level set for the notes may be higher or lower than the actual closing level of the index on the pricing date.

If the index return is positive, the payout at maturity will be par plus three times the index return, subject to a maximum settlement amount of $1,570.00 to $1,667.50 per $1,000 principal amount of notes. If the index return is negative, investors will be fully exposed to the decline.

The exact maturity date and maximum settlement amount will be set at pricing.

Goldman Sachs & Co. is the underwriter.

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