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Goldman Sachs plans leveraged trigger notes linked to Euro Stoxx 50
By Susanna Moon
Chicago, Dec. 2 – Goldman Sachs Group, Inc. plans to price 0% leveraged trigger notes due Dec. 29, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index finishes at or above the 60% barrier level, the payout at maturity will be par plus 1.65 to 1.75 times any gain, floor of par. The exact upside participation rate will be set at pricing.
Otherwise, the payout will be par plus the index return with full exposure to losses.
Goldman Sachs & Co. is the underwriter.
The notes will price on Dec. 19 and settle on Dc. 29.
The Cusip number is 38147QP75.
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