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Published on 6/1/2018 in the Prospect News Structured Products Daily.

GS Finance to sell digital notes tied to Dow Jones Industrial Average

By Devika Patel

Knoxville, Tenn., June 1 – GS Finance Corp. plans to price 36- to 39-month 0% digital notes linked to the Dow Jones Industrial Average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

The exact maturity date will be set at pricing.

If the final index level is greater than or equal to 90% of the initial index level, the payout at maturity will be the maximum settlement amount that is expected to fall between $1,208.50 and $1,245.10 and will be set at pricing.

Investors will lose 1.1111% for each 1% decline beyond the threshold amount of 10%.

Goldman Sachs & Co. is the agent.

The Cusip is 40055QCZ3.


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