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Published on 8/30/2018 in the Prospect News Structured Products Daily.

GS Finance to price trigger PLUS due 2022 linked to Euro Stoxx 50

By Sarah Lizee

Olympia, Wash., Aug. 30 – GS Finance Corp. plans to price 0% trigger Performance Leveraged Upside Securities due Oct. 5, 2022 linked to the Euro Stoxx 50 index, according to an FWP filing with the Securities and Exchange Commission.

The notes will be guaranteed by Goldman Sachs Group, Inc.

The payout at maturity will be par of $10 plus 2.6 times any gain in the index.

Investors will receive par if the index falls by up to 35% and will lose 1% for each 1% decline from the initial level if the index finishes below the 65% trigger level.

Goldman Sachs & Co. is the agent. Morgan Stanley Wealth Management is the dealer.

The notes (Cusip: 36255U703) will price on Sept. 28 and settle Oct. 3.


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