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Goldman plans leveraged notes linked to SPDR S&P Regional Banking
By Susanna Moon
Chicago, April 4 – GS Finance Corp. plans to offer 0% leveraged notes due in 13 to 15 months linked to the SPDR S&P Regional Banking exchange-traded fund, according to a 424B2 filed with the Securities and Exchange Commission.
The payout at maturity will be par plus triple any fund gain, up to a maximum settlement amount of between $1,204.60 and $1,240.60 for each $1,000 principal amount of notes.
Investors will be exposed to any losses.
Goldman, Sachs & Co. is the agent.
Goldman Sachs Group, Inc. is the guarantor.
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