Goldman Sachs to price leveraged notes linked to S&P 500

By Jennifer Chiou

New York, Dec. 11 - Goldman Sachs Group, Inc. plans to price 19- to 22-month 0% leveraged equity index-linked notes linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Payout at maturity will be par plus five times any increase on the index, subject to a maximum return on the notes of 50% to 70%. The exact cap will be set at pricing.

Investors will share in any losses.

Goldman, Sachs & Co. is the underwriter.

Pricing and settlement dates were not specified in the filing.

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