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GS Finance plans to price buffered notes linked to S&P 500
By Wendy Van Sickle
Columbus, Ohio, Sept. 6 – GS Finance Corp. plans to price 0% buffered notes due Sept. 30, 2021 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be guaranteed by Goldman Sachs Group, Inc.
If the index return is positive, the payout at maturity will be par plus the index return. Investors will receive par if the index declines by 25% or less and will be exposed to index declines beyond 25%.
Goldman Sachs & Co. is the underwriter
The Cusip number is 40054KJK3.
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