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GS Finance to price eight-year index-linked notes tied to the Dow
By Marisa Wong
Morgantown, W.Va., Nov. 27 – GS Finance Corp. plans to price 0% index-linked notes due Dec. 3, 2025 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If the index return is positive, the payout at maturity will be par plus the index return, capped at 85% to 100%.
If the index return is zero or negative, the payout will be par.
Goldman, Sachs & Co. is the agent.
The notes will price on Nov. 28.
The Cusip number is 40054LZE7.
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