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Goldman Sachs to price buffered notes linked to S&P 500 index
By Marisa Wong
Madison, Wis., Jan. 31 - Goldman Sachs Group, Inc. plans to price 0% buffered notes due March 1, 2019 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus any index gain, subject to a maximum settlement amount of $1,400 per $1,000 principal amount.
Investors will receive par if the index falls by up to 30% and will share in any losses beyond 30%.
Goldman Sachs & Co. is the underwriter.
The notes will price on Feb. 26 and settle on Feb. 28.
The Cusip is 38147QHP4.
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