Goldman Sachs plans to price notes due 2017 linked to S&P 500

By Marisa Wong

Morgantown, W.Va., Aug. 18 – Goldman Sachs Group, Inc. plans to price 0% notes due March 1, 2017 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 gain, subject to a maximum settlement amount of $1,145.50 for each $1,000 of notes.

If the index finishes at or above 85.45% of its initial level, the payout will be par plus the absolute value of the index return. Otherwise, investors will be fully exposed to the index decline.

Goldman, Sachs & Co. is the agent.

The notes will price on Aug. 21 and settle on Aug. 26.

The Cusip number is 38148TCT4.

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