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GS Finance to price leveraged buffered notes linked to Russell 2000
By Wendy Van Sickle
Columbus, Ohio, May 5 – GS Finance Corp. plans to price 0% leveraged buffered notes due May 30, 2019 linked to the Russell 2000 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 double any index gain up to the maximum settlement amount expected to be between $1,300.00 and $1,340.00 per $1,000 note.
Investors will receive par if the index falls by up to 10% and will be exposed to losses beyond 10%.
Goldman Sachs & Co. is the agent.
The notes will price on May 24 and settle on May 27.
The Cusip number is 40054KC87.
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