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Published on 9/25/2018 in the Prospect News Structured Products Daily.

GS Finance to price 15- to 17-month leveraged notes linked to S&P 500

By Sarah Lizee

Olympia, Wash., Sept. 25 – GS Finance Corp. plans to price 0% leveraged notes due in 15 to 17 months linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index return is positive, the payout at maturity will be par plus three times the index return, up to a maximum settlement amount of $1,125.70 to $1,147.60 per $1,000 of notes.

Investors will lose 1% for every 1% decline of the index from its initial level.

Goldman Sachs & Co. is the agent.

The Cusip number is 40056E2E7.


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