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Goldman Sachs plans leveraged notes linked to basket of indexes
By Marisa Wong
Morgantown, W.Va., Jan. 28 – Goldman Sachs Group, Inc. plans to price 0% 24- to 27-month leveraged notes linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the Euro Stoxx 50 index with a 37% initial weight, the FTSE 100 index with a 23% initial weight, the Topix index with a 23% initial weight, the Swiss Market index with a 9% initial weight and the S&P/ASX 200 index with an 8% initial weight.
The payout at maturity will be par plus triple any basket gain, up to a maximum settlement amount of $1,333 to $1,390 per $1,000 principal amount.
Investors will be exposed to any losses.
The exact terms will be set at pricing.
Goldman Sachs & Co. is the agent.
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