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GS Finance to price buffered index-linked notes tied to MSCI EAFE
By Sarah Lizee
Olympia, Wash., June 11 – GS Finance Corp. plans to price 0% buffered index-linked notes due in 24 to 27 months tied to the MSCI EAFE 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 index return, capped at between $1,228 and $1,267.50 per $1,000 of notes.
Investors will receive par if the index falls by up to 20% and will lose 1.25% for each 1% decline beyond the buffer.
Goldman Sachs & Co. LLC is the underwriter.
The Cusip number is 40056FP66.
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