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Published on 8/28/2017 in the Prospect News Structured Products Daily.

GS Finance to price three-year trigger PLUS linked to Topix

By Marisa Wong

Morgantown, W.Va., Aug. 28 – GS Finance Corp. plans to price 0% trigger Performance Leveraged Upside Securities due Sept. 3, 2020 linked to the Topix index, according to an FWP filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index finishes above its initial level, the payout at maturity will be par of $10 plus 150% of the index return, subject to a maximum payout of $25.00 per PLUS.

If the index finishes at or below its initial level but at or above its trigger level, the payout will be par. The trigger level is 90% of the initial index level.

If the index finishes below its trigger level, investors will be exposed to the index’s decline from its initial level.

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

The notes will price on Aug. 31.

The Cusip number is 36253M612.


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