Goldman Sachs plans leveraged buffered notes on basket of Stoxx, Topix

By Wendy Van Sickle

Columbus, Ohio, Nov. 12 – The Goldman Sachs Group, Inc. plans to price 0% leveraged buffered notes due 2020 on a basket of two indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The underlying components are the Euro Stoxx 50 index, with an 80% weight, and the Topix index, with a 20% weight.

The payout at maturity will be par plus 125% to 135% of any basket gain, with the exact upside participation rate to be set at pricing.

If the basket declines by up to 25%, the payout will be par. Investors will lose 1.3333% for every 1% decline beyond 25%.

Goldman Sachs & Co. is the agent.

The Cusip number is 38148TJB6.

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