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Published on 4/17/2017 in the Prospect News Structured Products Daily.

Goldman plans contingent coupon callable notes linked to S&P, Russell

By Susanna Moon

Chicago, April 17 – GS Finance Corp.plans to price callable contingent coupon index-linked notes due April 24, 2022 linked to the lesser performing of theS&P 500 indexand theRussell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will pay a contingent quarterly coupon at an annualized rate of 7.5% if each index closes at or above its 60% coupon barrier on the valuation date for that quarter.
The notes are callable at par plus any contingent coupon due on any interest payment date from October 2017 through January 2022.
The payout at maturity will be par plus the contingent coupon unless either index finishes below its 60% trigger level, in which case investors will be fully exposed to any losses of the worse performing index.
The notes will be guaranteed byGoldman Sachs Group, Inc.
Goldman, Sachs & Co. is the agent.
The notes will price on April 19.
The Cusip number is 40054L6K5.

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