Goldman plans leveraged autocallables with 77.5% trigger on S&P 500

By Susanna Moon

Chicago, Dec. 17 - Goldman Sachs Group, Inc. plans to price 0% leveraged autocallable notes due Dec. 27, 2016 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at 110% of par if the index closes above the initial level on call observation date of Dec. 23, 2013.

If the notes are not called and the index finishes above 77.5% trigger level, the payout at maturity will be par plus the greater of 110% of any gain and par.

Otherwise, investors will be fully exposed to any losses.

Goldman Sachs & Co. is the underwriter.

The notes will price on Dec. 21 and settle on Dec. 27.

The Cusip number is 38141GLB8.

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