Goldman plans leveraged notes linked to iShares MSCI EM fund

By Jennifer Chiou

New York, March 20 - Goldman Sachs Group, Inc. plans to price 0% leveraged equity index fund-linked notes tied to the iShares MSCI Emerging Markets index fund, according to a 424B2 filing with the Securities and Exchange Commission.

The maturity date is expected to be between 18 and 21 months after issue.

If the index return is positive, the payout at maturity will be par plus double the gain in the fund, subject to a maximum payment of $1,310 to $1,360 per $1,000 principal amount. Investors will be fully exposed to losses if the fund falls.

Goldman Sachs & Co. is the underwriter.

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