Goldman Sachs amends maturity of buffered notes linked to S&P 100

By Angela McDaniels

Tacoma, Wash., Feb. 8 - Goldman Sachs Group, Inc. changed the expected tenor of its upcoming 0% buffered index-linked notes tied to the S&P 100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are now expected to mature 31 to 35 months after pricing instead of 31 to 33 months. The exact maturity date will be set at pricing.

If the index return is greater than negative 5%, the payout at maturity will be par plus the index return.

If the index return is equal to or less than 5% but not below negative 30%, the payout will be 95% of par.

If the index return is below negative 30%, the payout will be 95% of par plus the index return plus 30%.

Goldman Sachs & Co. is the underwriter.

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