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Published on 2/16/2016 in the Prospect News Structured Products Daily.

GS Finance plans to price buffered PLUS linked to Euro Stoxx 50 index

By Angela McDaniels

Tacoma, Wash., Feb. 16 – GS Finance Corp. plans to price 0% buffered Performance Leveraged Upside Securities due March 5, 2019 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.

If the final index level is greater than the initial index level, the payout at maturity will be par of $10 plus 200% of the index return, subject to a maximum return of 41%. Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% that the index declines beyond 10%.

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

The notes will price Feb. 29.

The Cusip number is 36250E407.


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