Goldman Sachs plans capped participation notes linked to S&P 500

By Susanna Moon

Chicago, July 1 - Goldman Sachs Group, Inc. plans to price an offering of 0% capped participation notes with a 36- to 38-month maturity linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Investors will participate in any index gain, up to a cap of between 28% and 32%. The exact cap will be set at pricing. Investors will participate proportionally in any index loss of up to 5%, with a floor of 95% of par.

Pricing and settlement dates were not disclosed.

Goldman, Sachs & Co. is the underwriter.

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