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GS Finance to price digital notes linked to Netflix, Amazon, Apple
By Marisa Wong
Morgantown, W.Va., Nov. 17 – GS Finance Corp. plans to price 0% digital notes due May 23, 2019 linked to the common stocks of Netflix, Inc., Amazon.com, Inc. and Apple Inc., according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If the return of each stock is at least negative 30%, the payout at maturity will be the maximum settlement amount of $1,240 per $1,000 of notes.
Otherwise, investors will lose 1% for every 1% decline of the least performing stock.
Goldman Sachs & Co. is the underwriter.
The notes will price on Nov. 20.
The Cusip number is 40055A4Q7.
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