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Goldman plans CDs due 2028 tied to GS Momentum Builder Multi-Asset
By Marisa Wong
Morgantown, W.Va., March 19 – Goldman Sachs Bank USA plans to price 0% certificates of deposit due March 30, 2028 linked to the GS Momentum Builder Multi-Asset 5S ER index, according to a term sheet.
The payout at maturity will be par plus 3.25 to 3.5 times any index gain, with the exact participation rate to be set at pricing.
If the index falls, the payout will be par.
Goldman Sachs & Co. is the underwriter. Incapital LLC is distributor.
The CDs will price March 26.
The Cusip number is 38148RB69.
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