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Published on 3/8/2017 in the Prospect News Structured Products Daily.

GS Finance plans leveraged buffered notes tied to Stoxx Europe 600

By Marisa Wong

Morgantown, W.Va., March 8 – GS Finance Corp. plans to price 0% leveraged buffered notes due April 11, 2018 linked to the Stoxx Europe 600 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 1.5 times the index gain, with the return capped at 14.5%. If the index falls by up to 10%, the payout will be par. Otherwise, investors will lose 1.1111% for every 1% decline beyond 10%.

Goldman Sachs & Co. is the agent.

The notes will price on March 10.

The Cusip number is 40054KZP4.


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