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Published on 7/7/2016 in the Prospect News Structured Products Daily.

Goldman Sachs plans eight-year par-protected notes tied to the Dow

By Susanna Moon

Chicago, July 7 – GS Finance Corp. plans to price 0% index-linked notes due July 30, 2024 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by the Goldman Sachs Group, Inc.

The payout at maturity will be par plus any index gain, up to a maximum settlement amount of $1,650 to $1,750 for each $1,000 principal amount. The exact cap will be set at pricing.

If the index falls, the payout will be par.

Goldman Sachs & Co. is the agent.

The notes will price on July 25 and settle on July 28.

The Cusip number is 40054KFB7.


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