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Published on 7/20/2016 in the Prospect News Structured Products Daily.

Goldman Sachs plans capped gears notes due 2017 linked to EM fund

By Wendy Van Sickle

Columbus, Ohio, July 20 – GS Finance Corp. plans to price 0% capped gears notes due Oct. 3, 2017 linked to the iShares MSCI Emerging Markets exchange-traded fund, according to an FWP filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

The payout at maturity will be par plus triple any ETF gain, up to a maximum return of 19% to 20.4%.

Investors will be exposed to any losses.

Goldman, Sachs & Co. is the agent.

The notes will price on July 28.

The Cusip number is 36250Y403.


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