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Published on 2/8/2018 in the Prospect News Structured Products Daily.

GS Finance to price trigger notes linked to SPDR S&P Regional Banking

By Marisa Wong

Morgantown, W.Va., Feb. 8 – GS Finance Corp. plans to price 0% trigger notes due Feb. 27, 2019 linked to the SPDR S&P Regional Banking exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the fund finishes at or above 85% of the initial level, the payout at maturity will be par plus the greater of the fund return, capped at 23.8%, and zero.

If the fund finishes below 85% of the initial level, investors will lose 1% for each 1% decline below the initial level.

Goldman Sachs & Co. is the underwriter with JPMorgan as placement agent.

The notes will price on Feb. 9.

The Cusip number is 40055AL88.


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