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Published on 4/4/2017 in the Prospect News Structured Products Daily.

Goldman plans leveraged notes linked to SPDR S&P Regional Banking

By Susanna Moon

Chicago, April 4 – GS Finance Corp. plans to offer 0% leveraged notes due in 13 to 15 months linked to the SPDR S&P Regional Banking exchange-traded fund, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any fund gain, up to a maximum settlement amount of between $1,204.60 and $1,240.60 for each $1,000 principal amount of notes.

Investors will be exposed to any losses.

Goldman, Sachs & Co. is the agent.

Goldman Sachs Group, Inc. is the guarantor.


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