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Goldman plans buffered basket-linked notes on S&P 500, MSCI EAFE
By Jennifer Chiou
New York, Dec. 28 - Goldman Sachs Group, Inc. plans to price buffered basket-linked notes tied to equal weights of the S&P 500 index and the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The maturity date is expected to be between nine and 10 months after issue.
The payout at maturity will be par plus any basket gain, capped at 5.5% to 6.5%. Investors will receive par if the basket falls by up to 15% and will lose 1.1765% for every 1% decline beyond 15%.
The exact deal terms will be set at pricing.
Goldman, Sachs & Co. is the underwriter.
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