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Goldman Sachs plans to price trigger notes linked to S&P 500
By Marisa Wong
Morgantown, W.Va., Aug. 18 – Goldman Sachs Group, Inc. plans to price 0% trigger notes due March 1, 2017 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index finishes at or above 85% of its initial level, the payout at maturity will be par plus the greater of the index return and zero. Otherwise, investors will be fully exposed to the index decline.
Goldman, Sachs & Co. is the agent.
The notes will price on Aug. 21 and settle on Aug. 26.
The Cusip number is 38148TCS6.
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