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GS Finance to price leveraged buffered notes linked to Stoxx 50
By Sarah Lizee
Olympia, Wash., Dec. 7 – GS Finance Corp. plans to price 0% leveraged buffered notes due June 24, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be guaranteed by Goldman Sachs Group, Inc.
If the index return is positive, the payout at maturity will be par plus 2.35 to 2.45 times the index gain.
Investors will receive par if the index finishes flat or falls by up to 10% and lose 1% for each 1% index decline beyond the 10% buffer.
Goldman Sachs & Co. is the agent.
The notes will price on Dec. 21.
The Cusip is 40056EJW9.
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