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Goldman Sachs plans leveraged buffered notes linked to Euro Stoxx 50
By Marisa Wong
Madison, Wis., Oct. 9 – 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 60 months after pricing.
The payout at maturity will be par plus 1.7 to 1.8 times any index gain. The exact participation rate will be set at pricing.
Investors will receive par if the index falls by 25% or less and will lose 1.3333% for every 1% decline beyond 25%.
Goldman Sachs & Co. is the underwriter.
The Cusip number is 38147QKL9.
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