Goldman Sachs to sell buffered index-linked notes tied to S&P 500

By Jennifer Chiou

New York, Jan. 27 - Goldman Sachs Group, Inc. plans to price 0% buffered index-linked notes tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will mature between 15 and 16 months after issue.

The payout at maturity will be par plus any gain in the index, up to a maximum settlement amount of between $1,140 and $1,160 per $1,000 principal amount.

Investors will receive par if the index falls by 12.5% or less and will lose 1.1429% for each 1% drop beyond 12.5%.

The exact deal terms will be set at pricing.

Goldman, Sachs & Co. is the underwriter.

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