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Published on 8/28/2014 in the Prospect News Structured Products Daily.

Goldman Sachs plans notes due March 2015 inversely linked to copper

By Susanna Moon

Chicago, Aug. 28 – Goldman Sachs Group, Inc. plans to price 0% notes due March 9, 2015 inversely linked to copper, according to a 424B2 filing with the Securities and Exchange Commission.

If the final price of copper is less than 90% of the initial level, the payout will be a positive return up to a maximum of between $1,900 and $1,925 per $1,000 principal amount.

If the final copper price is less than between 90% and 92.5% of the initial level, the return may be positive or negative, subject to the minimum settlement amount of between $950 and $975 per $1,000 of notes.

If the final copper price is more than 92.5% of the initial level, the return on your notes will be negative.

Goldman Sachs & Co. is the underwriter.


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