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Goldman plans one-year absolute return notes tied to Stoxx Europe 600
By Susanna Moon
Chicago, June 28 – GS Finance Corp. plans to price 0% notes due July 19, 2017 linked to the Stoxx Europe 600 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by the Goldman Sachs Group, Inc.
If the index finishes above the 81.25% knock-out level, the payout at maturity will be par plus the absolute value of the index return, up to a maximum settlement amount of $1,100 for each $1,000 of notes.
Otherwise, investors will be fully exposed to any losses.
Goldman Sachs & Co. is the agent.
The notes will price on July 1 and settle on July 7.
The Cusip is 40054KES1.
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