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Published on 2/18/2014 in the Prospect News Structured Products Daily.

Goldman Sachs plans digital index-linked notes on Euro Stoxx 50

By Susanna Moon

Chicago, Feb. 18 - 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 will mature between 18 and 21 months after pricing.

If the index finishes at or above the 85% trigger level, the payout at maturity will be the maximum settlement amount of $1,060 to $1,070 per $1,000 principal amount of notes.

Otherwise, investors will lose 1.1765% for every 1% decline beyond 15%.

Goldman Sachs & Co. is the underwriter.

The exact deal terms, including maturity and payment cap, will be set at pricing.


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