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Published on 5/9/2016 in the Prospect News Structured Products Daily.

Goldman to price 14-month leveraged buffered notes on Russell 2000

By Devika Patel

Knoxville, Tenn., May 9 – GS Finance Corp. plans to price 14-month 0% leveraged buffered notes linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

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

If the index return is positive, the payout at maturity will be par plus 150% of the index return, subject to a maximum settlement amount of $1,117 for every $1,000 of notes. Investors will receive par if the index declines by 15% or less and will lose 1% for every 1% that the index declines beyond 15%.

Goldman Sachs & Co. is the agent.

The Cusip is 40054KCH7.


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