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Goldman Sachs plans to price leveraged notes linked to Euro Stoxx
By Tali Rackner
Norfolk, Va., Jan. 15 – Goldman Sachs Group, Inc. plans to price 13- to 15-month 0% leveraged notes linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus two times the index return, subject to a maximum settlement amount that is expected to be between $1,256 and $1,300 for each $1,000 principal amount of notes. The exact cap will be set at pricing.
If the index return is zero or negative, investors will lose 1% for every 1% that the index declines beyond 10%.
Goldman Sachs & Co. is the agent.
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