Goldman plans leveraged buffered notes on Goldman Sachs Strategy E90 on S&P GSCI Agriculture

By Marisa Wong

Madison, Wis., Feb. 23 - Goldman Sachs Group, Inc. plans to price 0% leveraged buffered commodity strategy-linked notes based on the Goldman Sachs Strategy E90 on the S&P GSCI Agriculture Excess Return, according to a 424B2 filing with the Securities and Exchange Commission.

The maturity date is expected to be between 18 and 21 months after issue.

The payout at maturity will be par plus double any strategy gain, up to a maximum settlement amount of $1,210 to $1,250 per $1,000 principal amount. The exact cap will be set at pricing.

Investors will receive par if the strategy falls by up to 10% and will lose 1.1111% for every 1% decline beyond 10%.

The exact deal terms will be set at pricing.

Goldman Sachs & Co. is the underwriter.

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