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Goldman Sachs to price buffered index-linked notes tied to S&P 500
By Marisa Wong
Madison, Wis., Oct. 19 - Goldman Sachs Group, Inc. plans to price 0% buffered index-linked notes tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will mature 25 to 28 months after issue.
If the index finishes above the initial level, investors will receive the gain.
Investors will receive par for declines up to 20% and will lose 1.25% for every 1% drop beyond the 20% buffer.
Goldman Sachs & Co. is the underwriter.
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