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GS Finance plans to price buffered PLUS linked to Euro Stoxx 50
By Emma Trincal
New York, March 30 – GS Finance Corp. plans to price 0% buffered PLUS due Oct. 3, 2025 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus 200% of the index return up to a cap of 39.85%. Investors will receive par if the index declines by 15% or less and will lose 1% for every 1% that it declines beyond 15%.
The notes are guaranteed by Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC is the underwriter. Morgan Stanley Wealth Management is acting as dealer.
The notes will price on March 31 and settle on April 5.
The Cusip number is 36265J250.
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