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Goldman Sachs plans seven-year notes linked to GS Momentum Builder
By Susanna Moon
Chicago, April 27 – GS Finance Corp. plans to price 0% notes due May 31, 2023 linked to the GS Momentum Builder Multi-Asset 5 ER index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
The payout at maturity will be par plus 2.5 times to 2.6 times any index gain, with the exact participation rate to be set at pricing.
If the index falls, the payout will be par.
Goldman, Sachs & Co. is the agent.
The notes will price on May 25 and settle on May 31.
The Cusip number is 40054KB62.
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