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GS Finance plans to price notes due 2027 linked to Dow Jones
By Sarah Lizee
Olympia, Wash., March 4 – GS Finance Corp. plans to price 0% index-linked notes due April 1, 2027 linked to the Dow Jones Industrial Average, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be guaranteed by Goldman Sachs Group, Inc.
If the index return is positive, the payout at maturity par plus the index return, subject to a maximum settlement amount of $2,250 per $1,000 principal amount.
If the index finishes flat or declines, the payout will be par.
Goldman Sachs & Co. is the underwriter.
The notes will price on March 26.
The Cusip number is 40056EZA9.
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