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Published on 3/15/2017 in the Prospect News Structured Products Daily.

Goldman to sell dual directional trigger PLUS tied to Stoxx 50 index

New York, March 15 – GS Finance Corp. plans to price 0% dual directional trigger Performance Leveraged Upside Securities due Sept. 20, 2019 linked to the Euro Stoxx 50 index, according to an FWP filed with the Securities and Exchange Commission.

The notes will be guaranteed by Goldman Sachs Group, Inc.

If the index finishes at or above its initial level, the payout at maturity will be par plus double the gain, capped at $14.35 per $10 note.

If the index falls but finishes at or above the 80% trigger level, the payout will be par plus the absolute value of the return.

Otherwise, investors will lose 1% for each 1% decline from the starting value.

Goldman Sachs & Co. is the agent and Morgan Stanley Wealth Management is dealer.

The notes will price on March 17 and settle three business days later.

The Cusip number is 36251V424 .


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