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Published on 5/16/2016 in the Prospect News Structured Products Daily.

GS Finance to price leveraged buffered notes linked to Nasdaq-100

By Wendy Van Sickle

Columbus, Ohio, May 16 – GS Finance Corp. plans to price 16-month 0% leveraged buffered notes linked to the Nasdaq-100 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 150% of the index return up to a maximum settlement of $1,150 per $1,000 note.

Investors will receive par if the index declines by 10% or less and will lose 1% for every 1% decline beyond 10%.

Goldman Sachs & Co. is the agent.

The Cusip number is 40054KCN4.


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