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Published on 7/3/2014 in the Prospect News Structured Products Daily.

Goldman to price leveraged buffered notes linked to Russell 2000

By Jennifer Chiou

New York, July 3 – Goldman Sachs Group, Inc. plans to price 0% leveraged buffered notes linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are expected to mature 24 months after pricing.

The payout at maturity will be par plus 1.5 times any index gain, capped at a maximum settlement amount of between $1,195 and $1,225 per $1,000 principal amount.

Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 1% decline beyond the 10% buffer.

The Cusip is 38147QSF4.

Goldman Sachs & Co. is the underwriter.


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