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Published on 4/9/2019 in the Prospect News Structured Products Daily.

GS Finance will price index-linked notes due 2020 on Russell, Nasdaq

By Sarah Lizee

Olympia, Wash., April 9 – GS Finance Corp. plans to price 0% index-linked notes due May 29, 2020 linked to the lesser performing of the Nasdaq-100 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

A trigger event will occur if, on any trading day during the life of the notes, either index closes below 75% of its initial level.

If a trigger event has not occurred, the payout at maturity will be between $1,075.50 and $1,085.50 for each $1,000 face amount of notes.

If a trigger event has occurred and the final level of each index is greater than or equal to its initial level, the payout will be par.

If a trigger event has occurred and the final level of any index is less than its initial level, investors will be fully exposed to the decline of the lesser performing index from its initial level.

Goldman Sachs & Co. LLC is the agent.

The notes will price on April 25.

The Cusip number is 40056FAH8.


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