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GS Finance to price leveraged index-linked notes due 2021 on Stoxx 50
By Sarah Lizee
Olympia, Wash., July 27 – GS Finance Corp. plans to price 0% leveraged index-linked notes due Sept. 7, 2021 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If the index return is positive, the payout at maturity will be par plus 1.3 to 1.4 times the index return.
If the return is negative, the payout will be the greater of 95% and par plus the return.
Goldman Sachs & Co. is the underwriter.
The notes will price on Aug. 28 and settle on Aug. 31.
The Cusip number is 40055QPA4.
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