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Published on 4/9/2015 in the Prospect News Structured Products Daily.

Goldman Sachs plans 84-month leveraged CDs linked to Euro Stoxx 50

By Susanna Moon

Chicago, April 9 – Goldman Sachs Bank USA plans to price 0% leveraged equity index-linked certificates of deposit due May 3, 2022 linked to the Euro Stoxx 50 index, according to a term sheet.

The payout at maturity will be par plus 110% of any index gain, up to the maximum supplemental amount of $530.20 for each $1,000 principal amount or a cap of 148.2% of par.

If the index falls, the payout will be par.

Goldman Sachs & Co. is the agent. Incapital LLC is the distributor.

The CDs will price on April 28 and settle on April 30.

The Cusip number is 38148D7B4.


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