Goldman plans leveraged buffered notes linked to S&P 500 index

By Jennifer Chiou

New York, April 4 - Goldman Sachs Group, Inc. plans to price 0% leveraged buffered index-linked notes due 27 to 30 months after issue linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 1.25 times the gain, subject to a maximum settlement amount of $1,237.50 to $1,275 per $1,000 principal amount.

If the index falls by up to 10%, the payout will be par. If the index falls by more than 10%, investors will lose 1.1111% for every 1% that it declines beyond 10%.

The Cusip is 38147K745.

Goldman Sachs & Co. is the underwriter.

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