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Goldman Sachs plans leveraged notes due 2017 linked to S&P 500
By Marisa Wong
Madison, Wis., June 4 - Goldman Sachs Group, Inc. plans to price 0% leveraged notes due June 14, 2017 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus 1.44 times the index return. If the index return is negative, investors will have one-to-one exposure to the decline.
Goldman Sachs & Co. is the underwriter.
The notes are expected to price on June 6 and settle on June 11.
The Cusip number is 38147QA48.
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