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Published on 3/19/2014 in the Prospect News Structured Products Daily.

Goldman Sachs plans leveraged buffered notes linked to Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., March 19 - Goldman Sachs Group, Inc. plans to price 0% leveraged buffered 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 18 to 21 months after pricing.

The payout at maturity will be par plus 1.5 times any index gain, subject to a maximum settlement of $1,199.50 to $1,229.50 per $1,000 of notes, with the exact maximum payout to be set at pricing.

Investors will receive par if the index falls by up to 10% and will lose 1.1111% for every 1% decline beyond the 10% buffer.

Goldman Sachs & Co. is the underwriter.


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