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Goldman Sachs Bank to price equity-linked CDs on index basket
By Jennifer Chiou
New York, April 3 - Goldman Sachs Bank, NA plans to price 0% equity-linked certificates of deposit due 2019 linked to equal weights of the Euro Stoxx 50 index, the S&P 500 index, the S&P/TSX 60 index and the Topix, according to a term sheet.
The payout at maturity will be par plus the basket return, subject to a minimum payout of par. The basket performance will be measured semiannually during the life of the securities and then averaged for the basket return.
There is a survivor put for the CDs (Cusip: 38143APG4).
Goldman, Sachs & Co. is the agent. Incapital LLC is the distributor.
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