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Goldman Sachs plans buffered index-linked notes tied to S&P 100 index
By Susanna Moon
Chicago, March 11 - Goldman Sachs Group, Inc. plans to price 0% buffered index-linked notes linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will mature between 31 and 35 months after issue.
If the index falls by up to 5%, the payout at maturity will be par plus the index return.
If the index falls between 5% and 30%, the payout will be 95% of par.
If the index falls by more than 30%, the payout will be 95% of par plus the sum of the index return and 30%.
Goldman Sachs & Co. is the underwriter.
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