Goldman Sachs plans buffered digital notes linked to Stoxx Europe 600

By Susanna Moon

Chicago, April 17 - Goldman Sachs Group, Inc. plans to price 0% buffered digital notes linked to the Stoxx Europe 600 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are expected to mature between 23 and 26 months after pricing.

If the index finishes at or above its initial level, the payout at maturity will be the maximum settlement amount of $1,150 to $1,175 per $1,000 principal amount of notes.

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

Goldman Sachs & Co. is the underwriter.

The exact deal terms, including maturity and payment cap, will be set at pricing.

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