Goldman Sachs to price leveraged notes linked to MSCI EAFE index

By Angela McDaniels

Tacoma, Wash., April 28 - Goldman Sachs Group, Inc. plans to price 0% leveraged notes linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will have a tenor of 24 to 25 months.

If the final index level is greater than the initial level, the payout at maturity will be par plus 150% of the gain. The payout will be capped at 139% to 148% of par, with the exact cap to be set at pricing.

If the final level is less than the initial level, the payout will be par if the decline is 10% or less. Investors will lose 1.1111% for every 1% decline beyond 10%.

Goldman, Sachs & Co. will be the underwriter.

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