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Goldman Sachs plans to price digital notes linked to Euro Stoxx 50
By Marisa Wong
Madison, Wis., May 23 - Goldman Sachs Group, Inc. plans to price 0% digital notes linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are expected to mature 15 to 17 months after issue.
If the index return is greater than or equal to negative 15%, investors will receive the maximum settlement amount of $1,055.00 to $1,064.50 per $1,000 principal amount. The exact digital payment will be set at pricing.
Otherwise, investors will lose 1.1765% for every 1% decline beyond 15%.
Goldman Sachs & Co. is the underwriter.
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