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Goldman plans buffered index-linked digital notes on Russell 2000
By Jennifer Chiou
New York, Feb. 29 - Goldman Sachs Group, Inc. plans to price 0% buffered index-linked digital notes tied to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are expected to mature 13 months after issue.
If the final index level is at least 85% of the initial level, the payout at maturity will be the threshold settlement amount of $1,072.50 to $1,085. The exact digital payment will be set at pricing.
Investors will share in losses beyond 15%.
Goldman Sachs & Co. is the underwriter.
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