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Goldman Sachs plans leveraged buffered notes linked to Euro Stoxx
By Jennifer Chiou
New York, March 19 - Goldman Sachs Group, Inc. plans to price 0% leveraged buffered notes linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The term is expected to be 24 to 27 months.
The payout at maturity will be par plus 1.5 times any index gain, capped at 30% to 34.5%. Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 1% that it declines beyond 10%.
Goldman Sachs & Co. is the underwriter.
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