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Published on 5/22/2017 in the Prospect News Structured Products Daily.

Goldman plans capped leveraged buffered notes tied to S&P MidCap 400

By Susanna Moon

Chicago, May 22 – GS Finance Corp. plans to price 0% capped leveraged buffered notes due Feb. 6, 2019 linked to the S&P MidCap 400 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.5 times any index gain, up to a maximum settlement amount of $1,127.50 per $1,000 principal amount.

Investors will receive par if the index falls by up to 15% and will lose 1% for each 1% decline beyond 15%.

The notes are guaranteed by Goldman Sachs Group, Inc.

The notes will price on June 1.

Goldman Sachs & Co. LLC is the agent.

The Cusip number is 40054LCX0.


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