Goldman Sachs to price seven-year leveraged CDs linked to Euro Stoxx

By Marisa Wong

Morgantown, W.Va., Aug. 23 – Goldman Sachs Bank USA plans to price 0% equity-linked certificates of deposit due Sept. 2, 2025 linked to the Euro Stoxx 50 index, according to a term sheet.

If the index return is positive, the payout at maturity will be par plus 1.9 to 2 times the index return. If the index return is zero or negative, the payout will be par.

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

The CDs will price Aug. 27.

The Cusip number is 38148RHQ9.

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