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Goldman Sachs plans leveraged notes linked to S&P 500 index
By Jennifer Chiou
New York, March 27 – Goldman Sachs Group, Inc. plans to price 0% leveraged notes due between 18 and 21 months after issue 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 three times any index gain, subject to a maximum settlement amount of $1,156 to $1,183 per $1,000 of notes.
Investors will share in any losses.
Goldman Sachs & Co. is the agent.
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