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GS Finance plans to price index-linked notes tied to Euro Stoxx 50
By Sarah Lizee
Olympia, Wash., Oct. 25 – GS Finance Corp. plans to price 0% index-linked notes due Nov. 2, 2022 to the Euro Stoxx 50 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 $1,450 per $1,000 of notes.
If the return is zero or negative, investors will be exposed to any decline, subject to a minimum payout of 95% of par.
Goldman Sachs & Co. is the underwriter.
The notes will price Oct. 28.
The Cusip number is 40056XG34.
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