Goldman Sachs plans to price leveraged notes linked to Apple stock

By Angela McDaniels

Tacoma, Wash., Aug. 2 - Goldman Sachs Group, Inc. plans to price 0% leveraged equity-linked notes due Aug. 8, 2013 linked to the common stock of Apple Inc., according to a 424B2 filing with the Securities and Exchange Commission.

If the final stock price is greater than the initial stock price, the payout at maturity will be par plus 300% of the stock return, subject to a maximum payout of $1,380.10 per $1,000 principal amount of notes. If the final stock price is less than the initial stock price, investors will be exposed to the decline.

The initial stock price has been set at $396.75. This may be higher or lower than the closing share price of Apple stock on the pricing date.

The Cusip number is 38143UXM8.

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