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Published on 7/19/2016 in the Prospect News Structured Products Daily.

Goldman plans one-year trigger notes linked to Stoxx Europe 600

By Susanna Moon

Chicago, July 19 – GS Finance Corp. plans to price 0% trigger notes due Aug. 30, 2017 linked to the Stoxx Europe 600 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Goldman Sachs Group, Inc.

If the index finishes at or above the 85% threshold level, the payout at maturity will be par plus the contingent minimum return of 8.4%.

Otherwise, investors will be fully exposed to any losses.

Goldman Sachs & Co. is the underwriter with J.P. Morgan Securities LLC as placement agent.

The notes will price on July 22 and settle on July 27.

The Cusip number is 40054KG91.


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