Goldman Sachs to price CDs with 7.5% floor, 52.5% cap on Euro Stoxx

By Marisa Wong

Morgantown, W.Va., April 21 – Goldman Sachs Bank USA plans to price 0% certificates of deposit due Oct. 29, 2024 linked to the Euro Stoxx 50 index, according to a term sheet.

The payout at maturity will be par plus the greater of the minimum return of 7.5% and the index return, capped at 52.5%.

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

The CDs are expected to price April 24.

The Cusip number is 38148DTN4.

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