Goldman Sachs plans buffered notes with cap linked to S&P 500 index

By Marisa Wong

Madison, Wis., Jan. 16 - Goldman Sachs Group, Inc. plans to price 0% buffered notes linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are expected to have a term of 18 months.

The payout at maturity will be par plus any index gain, up to a maximum settlement amount of $1,138.75 per $1,000 principal amount of notes.

Investors will receive par if the index falls by up to 15% and will lose 1.1765% for every 1% decline beyond 15%.

Goldman Sachs & Co. is the underwriter.

The Cusip number is 38147QFB7.

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