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Goldman Sachs plans commodity strategy notes on S&P GSCI Light Energy
By Toni Weeks
San Diego, July 20 - Goldman Sachs Group, Inc. plans to price 0% leveraged commodity strategy-linked notes linked to the Enhanced E96 Strategy on the S&P GSCI Light Energy Index Excess Return, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are expected to mature 18 to 21 months after issue.
The payout at maturity will be par plus double any gain in the index, up to a maximum payment of $1,220 to $1,253 per $1,000 principal amount of notes. The exact maximum payment will be determined at pricing.
Investors will be exposed to any losses.
Goldman Sachs & Co. is the agent.
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