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Goldman Sachs plans buffered notes linked to MSCI AC World index
By Toni Weeks
San Diego, June 8 - Goldman Sachs Group, Inc. plans to price 0% buffered index-linked notes tied to the MSCI AC World index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are expected to mature 24 to 28 months after issue.
If the index return is positive, the payout at maturity will be par plus 100% to 110% of the index return. The exact participation rate will be set at pricing.
Investors will receive par if the index declines by up to 20% and will lose 1.25% for every 1% decline beyond the 20% buffer.
The Cusip is 38147B349.
Goldman Sachs & Co. will be the underwriter.
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