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Published on 8/11/2016 in the Prospect News Structured Products Daily.

Goldman Sachs plans buffered PLUS due 2018 linked to iShares MSCI EM

By Susanna Moon

Chicago, Aug. 11 – GS Finance Corp. plans to price 0% buffered Performance Leveraged Upside Securities due Feb. 15, 2018 linked to the iShares MSCI Emerging Markets exchange-traded fund, according to an FWP filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

The payout at maturity will be par of $10 plus 200% of any fund gain, up to a maximum payment of $11.515 per PLUS.

Investors will receive par if the fund falls by up to 10% and will be exposed to any losses beyond 10%.

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

The notes will price on Aug. 12.

The Cusip number is 36250Y536.


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