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GS Finance plans eight-year notes tied to GS Momentum Builder index
By Tali Rackner
Norfolk, Va., June 14 – GS Finance Corp. plans to price 0% notes due July 2, 2024 linked to the GS Momentum Builder Multi-Asset 5 ER 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 of $1,000 plus 3 to 3.1 times the index return. The exact upside participation rate will be set at pricing.
If the index return is zero or negative, the payout at maturity will be par.
Goldman Sachs & Co. is the agent.
The notes will price on June 27 and settle on June 30.
The Cusip number is 40054KDE3.
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