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Goldman plans leveraged buffered notes linked to Euro Stoxx 50
By Jennifer Chiou
New York, Sept. 17 - Goldman Sachs Group, Inc. plans to price 0% leveraged buffered index-linked notes tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will mature between 24 and 28 months after pricing.
The payout at maturity will be par plus double any index gain, up to a maximum settlement amount $1,250 to $1,290 per $1,000 principal amount.
Investors will receive par if the index falls by up to 20% and will lose 1.25% for each 1% decline beyond 20%.
Goldman, Sachs & Co. is the underwriter.
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