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Published on 7/25/2019 in the Prospect News Structured Products Daily.

GS Finance plans leveraged notes on S&P 500 Daily Risk Control

By Sarah Lizee

Olympia, Wash., July 25 – GS Finance Corp. plans to price 0% leveraged notes due Sept. 1, 2026 linked to the S&P 500 Daily Risk Control 10% USD Excess Return index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index return is positive, the payout at maturity will be par plus 1.1 to 1.2 times the index return.

If the index declines, the payout will be par.

Goldman Sachs & Co. LLC is the agent.

The notes will price on Aug. 27.

The Cusip number is 40056FW92.


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