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Published on 12/3/2013 in the Prospect News Structured Products Daily.

Goldman Sachs to price leveraged commodity-linked notes tied to gold

By Jennifer Chiou

New York, Dec. 3 - Goldman Sachs Group, Inc. plans to price 0% leveraged commodity-linked notes due 24 to 27 months after issue linked to gold, according to a 424B2 filing with the Securities and Exchange Commission.

If the commodity return is positive, the payout at maturity will be par plus 150% of the commodity return, subject to a maximum return of between $1,277.50 and $1,322.50 per $1,000 principal amount.

Investors will share in any losses.

Goldman Sachs & Co. is the underwriter.


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