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Goldman Sachs plans protected notes due 2021 linked to S&P 500
By Susanna Moon
Chicago, March 31 - Goldman Sachs Group, Inc. plans to price 0% index-linked notes due Nov. 2, 2021 tied 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, up to a maximum settlement amount of $1,900 to $1,950 for each $1,000 principal amount. The exact cap will be set at pricing.
If the index falls, the payout will be par.
Goldman Sachs & Co. is the underwriter.
The notes will price on April 28 and settle on April 30.
The Cusip number is 38147Q2G0.
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