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Goldman plans to price digital notes tied to S&P, Russell
By Wendy Van Sickle
Columbus, Ohio, Feb. 13 – GS Finance Corp. plans to price digital notes due Aug. 28, 2018 linked to the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If each index finishes at or above the 75% threshold level, the payout at maturity will be the maximum settlement amount of $1,100 to $1,115 for each $1,000 principal amount.
Otherwise, investors will lose 1% for each 1% decline of the worse performing index.
Goldman Sachs & Co. is the agent.
The notes will price on Feb. 23.
The Cusip number is 40054KV37.
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