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Goldman Sachs plans to price digital notes linked to Euro Stoxx 50
By Toni Weeks
San Luis Obispo, Calif., May 20 - Goldman Sachs Group, Inc. plans to price 0% index-linked digital notes tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are expected to mature 48 to 54 months after issue.
If the final index level is greater than or equal to the initial level, investors will receive the maximum settlement amount of $1,500 to $1,580 per $1,000 principal amount. The exact digital payment will be set at pricing.
Investors will be fully exposed to any losses.
Goldman Sachs & Co. is the underwriter.
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