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Published on 1/31/2018 in the Prospect News Structured Products Daily.

Goldman plans leveraged notes with cap on SPDR S&P Regional Banking

By Susanna Moon

Chicago, Jan. 31 – GS Finance Corp. plans to price 0% leveraged notes due in 18 to 21 months linked to the SPDR S&P Regional Banking exchange-traded fund, according to a 424B2 filed with the Securities and Exchange Commission.

The payout at maturity will be par plus triple any fund gain, up to a maximum settlement amount of $1,226.50 to $1,266.40 for each $1,000 principal amount.

Investors will be exposed to any losses.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the agent.


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