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GS Finance to price leveraged buffered notes linked to MSCI EAFE
By Sarah Lizee
Olympia, Wash., Aug. 23 – GS Finance Corp. plans to price 0% leveraged buffered notes due March 3, 2022 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus at least 200% of the index return, capped at par plus $1,205 per $1,000 note. The exact participation rate will be set at pricing. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that the index declines beyond 10%.
The notes will be guaranteed by Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC is the underwriter.
The notes will price on Aug. 27.
The Cusip number is 40056FZ65.
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