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Published on 6/26/2018 in the Prospect News Structured Products Daily.

Goldman plans leveraged buffered notes due 2019 tied to S&P MidCap

By Susanna Moon

Chicago, June 26 – GS Finance Corp. plans to price 0% leveraged buffered notes due Nov. 21, 2019 linked to the S&P MidCap 400 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any index gain, up to a maximum settlement amount of $1,110 for each $1,000 principal amount.

Investors will receive par if the index falls by up to 15% and will lose 1% for each 1% decline beyond 15%.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the underwriter.

The notes will price on July 18.

The Cusip number is 40055QHM7.


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