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Goldman Sachs plans leveraged notes with cap linked to S&P 500
By Susanna Moon
Chicago, Feb. 19 – Goldman Sachs Group, Inc. plans to price 0% 24- to 27-month leveraged notes 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 double any index gain, up to a maximum settlement amount of $1,232 to $1,27 per $1,000 principal amount of notes.
Investors will be exposed to any losses.
Goldman Sachs & Co. is the underwriter.
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