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Goldman Sachs to price CDs due 2022 linked to Motif Capital Aging
By Sarah Lizee
Olympia, Wash., Dec. 5 – Goldman Sachs Bank USA plans to price 0% certificates of deposit due June 24, 2022 linked to the Motif Capital Aging of America 7 index, according to a term sheet.
If the index return is positive, the payout at maturity will be par plus 115% to 125% of the index return. The exact upside participation rate will be set at pricing. If the index return is zero or negative, the payout will be par.
Goldman Sachs & Co. is the underwriter. Incapital LLC is distributor.
The CDs will price Dec. 21.
The Cusip number is 38148RQM8.
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