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Published on 4/16/2013 in the Prospect News Structured Products Daily.

Goldman plans leveraged buffered notes on iShares MSCI Emerging Markets

By Angela McDaniels

Tacoma, Wash., April 16 - Goldman Sachs Group, Inc. plans to price 0% leveraged buffered notes linked to the iShares MSCI Emerging Markets index fund, according to a 424B2 filing with the Securities and Exchange Commission.

The tenor of the notes is expected to be 24 to 27 months.

The payout at maturity will be par plus double any fund gain, subject to a maximum settlement amount of $1,190 to $1,200. Investors will receive par if the fund declines by 10% or less and will lose 1.1111% for every 1% that it declines beyond 10%.

The exact maturity date and maximum settlement amount will be set at pricing.

Goldman Sachs & Co. is the underwriter.

The Cusip number is 38147K810.


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