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GS Finance to price buffered PLUS due 2021 linked to iShares MSCI EM
Chicago, April 30 – GS Finance Corp. plans to price 0% buffered Performance Leveraged Upside Securities due June 3, 2021 linked to the iShares MSCI Emerging Markets exchange-traded fund, according to an FWP filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
The payout at maturity will be par of $10 plus 200% of any fund gain, up to a cap of 120.74% of the principal amount.
Investors will receive par if the fund falls by up to 10% and will be exposed to any losses beyond 10%.
Goldman Sachs & Co. LLC is the underwriter.
The notes (Cusip: 36257D584) will price on May 31 and settle on June 5.
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