Goldman to price buffered index-linked digital notes on the Dow

By Jennifer Chiou

New York, Dec. 6 - Goldman Sachs Group, Inc. plans to price 0% 3.5-year buffered index-linked digital notes tied to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the index gains or finishes flat, the payout at maturity will be par plus the greater of the index return and the threshold settlement amount of between $1,230 and $1,270 per $1,000 principal amount.

Investors will receive par if the index falls by up to 20% and will lose 1% for every 1% decline in the index beyond 20%.

The exact terms for the notes (Cusip: 38143UJ77) will be set at pricing.

Goldman Sachs & Co. is the underwriter.

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