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GS Finance plans notes due 2023 linked to GS Momentum Builder index
By Tali Rackner
Minneapolis, Aug. 7 – GS Finance Corp. plans to price 0% notes due May 16, 2023 linked to the GS Momentum Builder Multi-Asset 5S ER index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be guaranteed by Goldman Sachs Group, Inc.
If the index finishes above its initial level, the payout at maturity will be par of $1,000 plus 2 times to 2.15 times the index return.
Otherwise, the payout at maturity will be par.
Goldman, Sachs & Co. is the underwriter.
The notes will price on Aug. 11 and settle on Aug. 16.
The Cusip number is 40054LLY8.
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