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Published on 6/19/2017 in the Prospect News Structured Products Daily.

GS Finance to sell buffered digital notes tied to Euro Stoxx 50 index

By Devika Patel

Knoxville, Tenn., June 19 – GS Finance Corp. plans to price 0% buffered digital notes due Jan. 2, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the final index level is greater than or equal to the initial index level, the payout at maturity will be $1,085 per $1,000 of notes. Investors will receive par if the index declines by 20% or less and will lose 1% for each 1% decline beyond the 20% buffer.

Goldman Sachs & Co. is the agent.

The notes (Cusip: 40054LG81) will price on June 26 and settle on June 29.


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