Goldman Sachs plans buffered notes linked to S&P Equal Weight Energy

By Angela McDaniels

Tacoma, Wash., June 26 - Goldman Sachs Group, Inc. plans to price 0% buffered notes linked to the S&P Equal Weight Index - Energy, according to a 424B2 filing with the Securities and Exchange Commission.

The tenor of the notes is expected to be 24 to 28 months.

The payout at maturity will be par plus the index return if the index return is positive, subject to a maximum settlement amount of $1,660 to $1,775 per $1,000 principal amount of notes. Investors will receive par if the index 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.

The index is a modified market capitalization-based index derived from the S&P 500 Equal Weight index, which is the equally weighted version of the S&P 500 index. It tracks companies that operate primarily in the energy sector of the U.S. economy.

Goldman Sachs & Co. is the underwriter.

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