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Goldman to price leveraged buffered notes linked to Euro Stoxx 50
By Jennifer Chiou
New York, April 4 - Goldman Sachs Group, Inc. plans to price 0% leveraged buffered index-linked notes due in 25 months linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus 1.5 times the gain, subject to a maximum settlement amount of $1,280.50 per $1,000 principal amount.
If the index falls by up to 20%, the payout will be par. If the index falls by more than 20%, investors will lose 1.25% for every 1% that it declines beyond 20%.
The Cusip is 38141GSC9.
Goldman Sachs & Co. is the underwriter.
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