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Goldman Sachs to sell leveraged buffered notes linked to MSCI EAFE
By Susanna Moon
Chicago, Aug. 27 - Goldman Sachs Group, Inc. plans to price 0% leveraged buffered notes linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will mature 24 to 26 months after issue.
Payout at maturity will be par plus 150% of any index gain, up to a maximum settlement amount of between $1,420 and $1,540 per $1,000 note.
Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 1% decline in the index beyond 10%.
Goldman, Sachs & Co. will be the underwriter.
Pricing and settlement dates were not disclosed in the filing.
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