Goldman Sachs to price leveraged buffered notes tied to index basket

By Toni Weeks

San Luis Obispo, Calif., March 14 - Goldman Sachs Group, Inc. plans to price 0% leveraged buffered notes linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket is comprised of the S&P 500 index with a 55% weight, the Russell 2000 index with a 30% weight and the S&P MidCap 400 index with a 15% weight.

The notes are expected to mature 60 to 65 months after pricing.

If the basket return is positive, the payout at maturity will be par plus 1.3 times the basket return.

If the basket falls by up to 20%, the payout will be par. If the basket falls by more than 20%, investors will lose 1.25% for every 1% drop beyond 20%.

Goldman Sachs & Co. is the underwriter.

The Cusip number is 38141GQT4.

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