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Goldman plans capped leveraged buffered notes tied to S&P MidCap 400
By Susanna Moon
Chicago, May 22 – GS Finance Corp. plans to price 0% capped leveraged buffered notes due Feb. 6, 2019 linked to the S&P MidCap 400 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.5 times any index gain, up to a maximum settlement amount of $1,127.50 per $1,000 principal amount.
Investors will receive par if the index falls by up to 15% and will lose 1% for each 1% decline beyond 15%.
The notes are guaranteed by Goldman Sachs Group, Inc.
The notes will price on June 1.
Goldman Sachs & Co. LLC is the agent.
The Cusip number is 40054LCX0.
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