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Goldman Sachs plans 18-month buffered notes linked to Euro Stoxx 50
By Susanna Moon
Chicago, Aug. 29 – Goldman Sachs Group, Inc. plans to price 0% 18-month buffered index-linked notes tied to the Euro Stoxx 50 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 $1,183 for each $1,000 principal amount.
Investors will receive par if the index falls by up 10% and will lose 1.1111% for each 1% decline beyond 10%.
Goldman Sachs & Co. is the underwriter.
The Cusip number is 38147QFY7.
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