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Goldman to price leveraged buffered notes linked to S&P, MSCI EAFE
By Jennifer Chiou
New York, June 20 - Goldman Sachs Group, Inc. plans to price 0% leveraged buffered basket-linked notes due 18 to 21 months after issue tied to the S&P 500 index with a 67% weight and the MSCI EAFE index with a 33% weight, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 150% of any basket gain, subject to a maximum return of 9% to 10.5%. The exact cap will be set at pricing.
Investors will receive par for losses up to 20% and will share in declines at a rate of 1.25% per 1% drop beyond the buffer.
Goldman Sachs & Co. is the agent.
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