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Goldman Sachs plans digital index-linked notes linked to Euro Stoxx 50
By Tali Rackner
Norfolk, Va., Jan. 20 – Goldman Sachs Group, Inc. plans to price digital index-linked notes linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The tenor of the notes is expected to be 18 to 21 months.
If the index finishes at or above the 85% trigger level, the payout at maturity will be the maximum settlement amount of $1,106 to $1,124 per $1,000 principal amount of notes. The exact amount will be set at pricing.
Otherwise, investors will lose 1.1765% for every 1% decline beyond 15%.
Goldman Sachs & Co. is the underwriter.
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