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Published on 5/7/2018 in the Prospect News Structured Products Daily.

Goldman plans eight-year par protected notes tied to S&P 500

By Susanna Moon

Chicago, May 7 – GS Finance Corp. plans to price 0% notes due May 29, 2026 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any index gain, up to a maximum settlement amount of between $2,250 and $2,450 for each $1,000 principal amount.

If the index falls, the payout will be par.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. is the agent.

The notes will price on May 23.

The Cusip number is 40055AZY6.


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