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Goldman plans leveraged buffered notes linked to iShares MSCI EM
By Susanna Moon
Chicago, July 7 – GS Finance Corp. plans to price 0% leveraged buffered index-linked notes due in 13 months linked to the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.5 times any fund gain, up to a maximum settlement amount of $1,090 for each $1,000 principal amount.
Investors will receive par if the fund falls by up to 15% and will be exposed to any losses beyond 15%.
The notes are guaranteed by Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC is the agent.
The Cusip number is 40054LH98.
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