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GS Finance plans digital notes tied to iShares MSCI EM, Euro Stoxx
By Marisa Wong
Morgantown, W.Va., Jan. 31 – GS Finance Corp. plans to price 0% digital notes due Aug. 23, 2019 linked to the iShares MSCI Emerging Markets exchange-traded fund and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If the return of each underlier is at least negative 25%, the payout at maturity will be the maximum settlement amount of $1,101 to $1,111 per $1,000 of notes.
Otherwise, investors will lose 1% for every 1% decline of the lesser-performing underlier from its initial level.
Goldman Sachs & Co. is the underwriter.
The notes will price on Feb. 16.
The Cusip number is 40055AGM3.
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