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GS Finance to price principal-protected notes linked to Euro Stoxx 50
By Angela McDaniels
Tacoma, Wash., Sept. 11 – GS Finance Corp. plans to price 0% market-linked notes due March 31, 2023 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be guaranteed by Goldman Sachs Group, Inc.
If the index return is greater than zero, the payout at maturity will be par of $10 plus 1.2 to 1.3 times the index return. The exact leverage amount will be set at pricing. If the index return is zero or negative, the payout will be par.
Goldman Sachs & Co. is the underwriter.
The notes will price Sept. 26.
The Cusip number is 36253M778.
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