Goldman plans buffered index-linked notes due 2018 tied to S&P 500

By Jennifer Chiou

New York, Oct. 2 - Goldman Sachs Group, Inc. plans to price 0% buffered notes due Nov. 1, 2018 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the return is positive, the payout at maturity will be par the gain, capped at 35%.

Investors will receive par if the index falls by up to 35% and will lose 1% for every 1% decline beyond 35%.

The notes (Cusip: 38147QWW2) are expected to price on Oct. 29 and settle on Oct. 31.

Goldman, Sachs & Co. is the underwriter.

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