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Published on 5/22/2018 in the Prospect News Structured Products Daily.

GS Finance plans leveraged index-linked notes tied to Euro Stoxx 50

By Sarah Lizee

Olympia, Wash., May 22 – GS Finance Corp. plans to price 0% leveraged index-linked notes due May 27, 2021 tied 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 113% of the index return. Investors will receive par if the index declines.

The notes (Cusip: 40055QAH5) are expected to price May 25 and settle May 31.

Goldman Sachs & Co. is the underwriter with JPMorgan acting as placement agent.


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