Goldman Sachs plans to price leveraged notes tied to fund, two indexes

By Toni Weeks

San Diego, April 27 - Goldman Sachs Group, Inc. plans to price 0% leveraged basket-linked notes tied to a basket of two indexes and one fund, unequally weighted, according to a 424B2 filing with the Securities and Exchange Commission.

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

The basket consists of the S&P 500 index with a 40% weight, the MSCI EAFE index with a 40% weight and the iShares MSCI Emerging Markets index fund with a 20% weight.

If the basket gains, the payout at maturity will be par plus three times the basket return, subject to a maximum payment of $1,249.00 to $1,292.50 per $1,000 principal amount. The exact maximum payment will be set at pricing.

Investors will be fully exposed to any declines in the basket.

Goldman Sachs & Co. is the underwriter.

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