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Goldman Sachs plans buffered index-linked notes tied to Russell 2000
By Jennifer Chiou
New York, March 31 - Goldman Sachs Group, Inc. plans to price 0% 18-month buffered index-linked notes tied to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any gain in the index, up to a maximum settlement amount of between $1,122.50 and $1,142.50 per $1,000 principal amount.
Investors will receive par if the index falls by 15% or less and will share in losses beyond 15%.
The exact deal terms will be set at pricing.
Goldman, Sachs & Co. is the underwriter.
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