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GS Finance plans to price digital index-linked notes on S&P 500
By Sarah Lizee
Olympia, Wash., June 12 – GS Finance Corp. plans to price 0% digital index-linked notes due in 28 to 31 months linked 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 at least 85% of its initial level, the payout at maturity will be between $1,127.10 and $1,149.50 per $1,000 of notes. Investors will lose 1.1765% for every 1% that the index may decline beyond 15%.
Goldman Sachs & Co. is the underwriter.
The Cusip number is 40056FKP9.
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