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Goldman Sachs plans leveraged notes due 2014 linked to S&P 500 index
By Marisa Wong
Madison, Wis., Dec. 4 - Goldman Sachs Group, Inc. plans to price 0% leveraged notes due March 12, 2014 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 150% of any index gain, up to a maximum settlement amount of $1,126.75 for each $1,000 principal amount.
Investors will be exposed to any losses.
Goldman Sachs & Co. is the underwriter.
The notes are expected to price Dec. 7 and settle Dec. 12.
The Cusip number is 38141GKL7.
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