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Goldman plans digital notes with 90% trigger linked to Euro Stoxx 50
By Susanna Moon
Chicago, June 13 - Goldman Sachs Group, Inc. plans to price 0% digital notes due Oct. 2, 2014 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will mature between 14 and 16 months after pricing.
If the index finishes at or above the 90% barrier level, the payout at maturity will be the maximum settlement amount of $1,082.50 to $1,095.00 for each $1,000 principal amount.
Otherwise, investors will lose 1.1111% for each 1% decline beyond 10%.
The exact deal terms will be set at pricing.
Goldman Sachs & Co. is the agent.
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