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GS Finance plans to price index-linked notes tied to Euro Stoxx 50
By Tali Rackner
Norfolk, Va., May 13 – GS Finance Corp. plans to price 0% index-linked notes due May 30, 2023 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If the index return is positive, the payout at maturity will be par plus the index return, subject to a maximum settlement amount of between $1,700 and $1,800 per $1,000 principal amount. The exact cap will be set at pricing.
If the index return is zero or negative, the payout at maturity will be par.
Goldman Sachs & Co. is the underwriter.
The notes will price on May 24 and settle on May 27.
The Cusip number is 40054KBB1.
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