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Goldman plans 36-month par-protected notes tied to S&P 500, Russell
By Susanna Moon
Chicago, Dec. 27 – GS Finance Corp. plans to price 0% notes due in 36 months linked to the lesser performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If each index finishes above its initial level, the payout at maturity will be par plus the gain of the worse performing index, up to a settlement amount of between $1,160 and $1,180 for each $1,000 principal amount.
If either index falls, the payout will be par.
Goldman Sachs & Co. is the agent.
The Cusip number is 40054KSG2.
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