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Published on 1/8/2016 in the Prospect News Structured Products Daily.

Goldman Sachs to price 24- to 27-month capped notes tied to Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, Jan. 8 – Goldman Sachs Group, Inc. plans to price 0% index-linked notes linked to the Euro Stoxx 50 index, according to a 424B2 filed with the Securities and Exchange Commission.

The tenor of the notes is expected to be between 24 and 27 months with the exact maturity to be set at pricing.

If the index return is at least 80% of its initial level, the payout at maturity will be the threshold settlement amount of $1,148 to $1,173 for each $1,000 principal amount. The exact amount will be set at pricing.

Investors will be fully exposed to the decline if the index falls by more than 20%.

Goldman Sachs & Co. is the underwriter.


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