Goldman to price buffered equity index-linked notes tied to S&P 500

By Jennifer Chiou

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

The notes are expected to mature between 18 and 21 months after issue.

If the index falls by up to 30%, the payout at maturity will be the maximum settlement amount of between $1,076.50 and $1,090 per $1,000 principal amount. The exact amount will be set at pricing.

Investors will lose 1.4286% for each 1% decline beyond 30%.

The exact deal terms will be set at pricing.

Goldman, Sachs & Co. is the underwriter.

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