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Published on 11/15/2017 in the Prospect News Structured Products Daily.

Goldman plans 14-month capped gears with 3x leverage on index basket

By Susanna Moon

Chicago, Nov. 15 – GS Finance Corp. plans to price 0% capped gears due Jan. 31, 2019 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 40% weight, the FTSE 100 index with a 20% weight, Nikkei 225 index with a 20% weight, the Swiss Market index with a 7.5% weight, the S&P/ASX 200 index with a 7.5% weight and the Hang Seng index with a 5% weight.

The payout at maturity will be par of $10 plus triple any basket gain, up to a maximum gain of 15.25% to 17.25%.

Investors will be exposed to any losses.

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

Goldman Sachs & Co. LLC is the underwriter.

The notes will price on Nov. 28.

The Cusip number is 36254F327.


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