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Published on 2/16/2018 in the Prospect News Structured Products Daily.

GS Finance to price digital notes on Euro Stoxx 50, Russell 2000

By Marisa Wong

Morgantown, W.Va., Feb. 16 – GS Finance Corp. plans to price 0% digital notes due Feb. 28, 2023 linked to the Euro Stoxx 50 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the return of each underlier is at least negative 40%, the payout at maturity will be the greater of the threshold settlement amount, $1,290 per $1,000 of notes, and par plus the return of the lesser performing underlier.

Otherwise, investors will lose 1% for every 1% decline of the lesser performing underlier from its initial level.

Goldman Sachs & Co. is the underwriter.

The notes will price on Feb. 20.

The Cusip number is 40055AMN4.


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