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Goldman Sachs plans to sell leveraged index-linked notes on S&P 500
By Susanna Moon
Chicago, May 11 - Goldman Sachs Group, Inc. plans to price 0% leveraged index-linked notes due June 3, 2011 based on the performance of the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus triple any index gain, up to the maximum settlement amount of $1,213.60 per $1,000 principal amount of notes.
Investors will be exposed to any losses.
The notes will price on May 14 and settle on May 19.
Goldman, Sachs & Co. is the underwriter.
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