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Published on 9/26/2018 in the Prospect News Structured Products Daily.

GS Finance plans to price PLUS due 2020 linked to Topix

By Sarah Lizee

Olympia, Wash., Sept. 26 – GS Finance Corp. plans to price 0% Performance Leveraged Upside Securities due Feb. 5, 2020 linked to the Topix index, according to an FWP filed with the Securities and Exchange Commission.

The notes will be guaranteed by Goldman Sachs Group, Inc.

If the index finishes at or above its initial level, the payout at maturity will be par plus 300% of the gain, capped at $12.40 per $10 principal amount.

If the index falls, investors will lose 1% for each 1% decline.

Goldman Sachs & Co. is the agent and Morgan Stanley Wealth Management will handle distribution.

The notes will price on Oct. 18 and settle on Oct. 23.

The Cusip number is 36256M189.


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