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Published on 6/13/2018 in the Prospect News Structured Products Daily.

Goldman plans leveraged buffered notes due 2019 tied to index basket

By Susanna Moon

Chicago, June 13 – GS Finance Corp. plans to price 0% leveraged buffered notes due Nov. 29, 2019 linked to a basket of equally weighted indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket components are the Nikkei 225 index, the Hang Seng China Enterprises index and the S&P/ASX 200 index.

The payout at maturity will be par plus 1.5 times any basket gain up to a maximum settlement amount of $1,181.5 for each $1,000 principal amount.

Investors will receive par if the basket falls by up to 10% and will be exposed to any losses beyond 10%.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. is the underwriter.

The notes will price on June 25.

The Cusip number is 40055QEZ1.


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