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Goldman plans 4.5% fixed coupon buffered notes tied to Russell 2000
Chicago, Dec. 5 – GS Finance Corp. plans to price 4.5% callable fixed coupon buffered notes due March 27, 2023 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
Interest is payable quarterly.
The notes are callable at par plus any coupon starting on the coupon payment date in December 2019 up to the coupon payment date in December 2022.
The payout at maturity will be par unless the index falls by more than 15%, in which case investors will be exposed to any losses beyond the 15% buffer.
The guarantor is Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC is the agent.
The notes will price on Dec. 21.
The Cusip number is 40056ELF3.
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