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GS Finance plans leveraged index-linked notes tied to Stoxx
By Sarah Lizee
Olympia, Wash., Sept. 23 – GS Finance Corp. plans to price 0% leveraged index-linked notes due Sept. 29, 2022 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 2 times the index return, capped at $1,149 per $1,000 of notes.
If the return is zero or negative, the payout will be par.
Goldman Sachs & Co. is the underwriter.
The notes will price Sept. 25.
The Cusip number is 40056X6K7.
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