Goldman Sachs plans seven-year CDs linked to GS Momentum Builder

By Marisa Wong

Madison, Wis., March 4 - Goldman Sachs Bank USA plans to price 0% certificates of deposit due March 26, 2020 linked to the GS Momentum Builder Multi-Asset 2 ER index, according to a term sheet.

The payout at maturity will be par plus any index gain.

If the index falls, the payout will be par.

Goldman Sachs & Co. is the underwriter. Incapital LLC is the distributor.

The CDs will price on March 21 settle on March 26.

The Cusip number is 38147JAZ5.

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