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GS Finance plans to price leveraged notes linked to S&P 500 index
By Tali Rackner
Norfolk, Va., Jan. 13 – GS Finance Corp. plans to price 0% leveraged notes due March 26, 2018 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be guaranteed by Goldman Sachs Group, Inc.
If the index return is positive, the payout at maturity will be par plus three times the return, up to a maximum settlement amount of $1,132 per $1,000 principal amount.
Investors will be exposed to any index decline.
Goldman Sachs & Co. is the agent.
The notes will price on Jan. 19 and settle on Jan. 26.
The Cusip number is 40054KUD6.
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