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GS Finance plans to price index-linked notes due 2026 tied to S&P 500
By Sarah Lizee
Olympia, Wash., Oct. 8 – GS Finance Corp. plans to price 0% index-linked notes due Oct. 29, 2026 tied to the S&P 500 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 return, capped at $2,250 to $2,350 per $1,000 of notes.
If the index remains flat or declines, the payout will be par.
Goldman Sachs & Co. is the underwriter.
The notes will price on Oct. 26.
The Cusip number is 40056E3F3.
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