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Published on 10/23/2015 in the Prospect News Structured Products Daily.

Goldman Sachs to price leveraged notes linked to Euro Stoxx 50 index

By Angela McDaniels

Tacoma, Wash., Oct. 23 – Goldman Sachs Group, Inc. plans to price 0% leveraged notes linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The term is expected to be 24 to 27 months and will be set at pricing.

If the index return is positive, the payout at maturity will be par plus three times the index return, subject to a maximum settlement amount that is expected to be $1,321 to $1,375 per $1,000 principal amount of notes and will be set at pricing. If the index return is negative, investors will be fully exposed to the decline.

Goldman Sachs & Co. is the underwriter.

The Cusip number is 38148TC98.


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