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Goldman Sachs plans 4.5% five-year callable notes tied to Russell 2000
By Susanna Moon
Chicago, June 15 – GS Finance Corp. plans to price 4.5% callable fixed coupon buffered notes due June 30, 2022 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
Interest is payable quarterly.
The notes are callable at par plus the contingent coupon on any review date from June 2018 through March 2022.
The payout at maturity will be par unless the index falls by more than 15%, in which case investors will be lose 1% for each 1% decline beyond 15%.
The notes are guaranteed by Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC is the agent.
The notes will price on June 27.
The Cusip number is 40054LF33.
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