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GS Finance intends to price leveraged buffered notes tied to S&P 500
Chicago, Dec. 28 – GS Finance Corp. plans to price 0% leveraged buffered notes due Jan. 9, 2024 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by the Goldman Sachs Group, Inc.
If the index return is positive, the payout at maturity will be par plus 1.265 times the index return. Investors will receive par if the index declines by 15% or less and will lose 1.25% for every 1% that the index declines beyond the 15% buffer.
Goldman Sachs & Co. is the agent.
The notes will price Jan. 4 and settle on Jan. 9.
The Cusip is 40056ER34.
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