Goldman Sachs to sell leveraged buffered notes linked to Financial Select Sector

By Susanna Moon

Chicago, Sept. 16 - Goldman Sachs Group, Inc. plans to price 0% leveraged buffered notes linked to the Financial Select Sector index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will mature between 24 and 26 months after issue.

Payout at maturity will be par plus 110% of any index gain, up to a maximum settlement amount of between $1,852.50 and $2,017.50 per $1,000 note. The exact cap will be set at pricing.

Investors will receive par if the index falls by up to 15% and will lose 1.1765% for every 1% decline in the index beyond 15%.

Goldman, Sachs & Co. will be the underwriter.

Pricing and settlement dates were not disclosed in the filing.

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