Goldman Sachs to price five-year buffered notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., March 3 - Goldman Sachs Group, Inc. plans to price 0% buffered notes due April 1, 2019 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 the index return, subject to a maximum return of 40%. If the index return is zero or negative but not below negative 30%, the payout will be par. If the index return is below negative 30%, investors will lose 1% for every 1% that the index declines beyond 30%.

Goldman Sachs & Co. is the underwriter.

The notes are expected to price March 27 and settle March 31.

The Cusip number is 38147QTF3.

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