Goldman Sachs plans buffered leveraged notes on basket of 20 stocks

By Toni Weeks

San Diego, March 22 - Goldman Sachs Group, Inc. plans to price 0% leveraged buffered notes linked to a basket of 20 stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are expected to mature 15 to 17 months after issue.

The equally weighted stocks comprising the basket include American Electric Power Co., Inc., AT&T Inc., Automatic Data Processing, Inc., Carnival Corp., Coca-Cola Co., Dow Chemical Co., E.I. du Pont de Nemours and Co., Emerson Electric Co., Limited Brands, Inc., Marsh & McLennan Cos., Inc., Mattel, Inc., Nucor Corp., Paychex, Inc., PepsiCo, Inc., PG&E Corp., PPL Corp., Public Service Enterprise Group Inc., Spectra Energy Corp., Verizon Communications Inc. and Williams Cos., Inc.

If the basket return is positive, the payout at maturity will be par plus 1.25 times the basket return, up to a maximum payment of $1,125.00 to $1,146.875 per $1,000 note. The exact maximum payment will be determined at pricing.

Investors will receive par if the basket declines by up to 10% and will lose 1.1111% for every 1% loss beyond 10%.

Goldman Sachs & Co. is the underwriter.

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