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GS Finance to price digital index-linked notes tied to Dow, S&P 500
By Sarah Lizee
Olympia, Wash., Nov. 5 – GS Finance Corp. plans to price digital index-linked notes due Nov. 15, 2019 linked to the lesser performing of the Dow Jones Industrial Average and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If each index finishes at or above its 70% threshold, the payout at maturity will be $1,064 for each $1,000 of notes.
Otherwise, investors will lose 1% for each 1% decline of the worse performing index.
The guarantor is Goldman Sachs Group, Inc.
Goldman Sachs & Co. is the agent.
The notes will price on Nov. 7.
The Cusip number is 40056EED6.
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