Goldman to price leveraged buffered notes tied to S&P 500 index

By Jennifer Chiou

New York, July 10 - Goldman Sachs Group, Inc. plans to price 0% leveraged buffered index-linked notes tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will mature between 24 months and 27 months after issue.

The payout at maturity will be par plus three times any index gain, up to a maximum settlement amount expected to be between $1,247.50 and $1,285.00 for each $1,000 note.

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

Goldman Sachs & Co. is the underwriter.

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