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GS FINANCIAL PRODUCTS INTERNATIONAL $1 BILLION EURO MEDIUM TERM NOTES RATED 'AAA' BY FITCH -- FITCH FINANCIAL WIRE --

 NEW YORK, May 10 /PRNewswire/ -- GS Financial Products International LP's (GSFP) $1 billion Euro-Medium Term Note Program is rated "AAA" by Fitch. The rating is based on the high credit quality of GSFP counterparties, strict operating guidelines, conservative risk management, and strong capital base. Proceeds from take downs will be used for general working capital and to finance business activities of hedging and matching transactions. The debt ranks pari passu to senior obligations of the company.
 GSFP is a limited purpose subsidiary of Goldman Sachs Group, engaging in derivative transactions. All partnership interests in GSFP are owned by subsidiaries of The Goldman Sachs Group, LP. At fiscal year-end Nov. 27, 1992 the company's capital totaled 10.57 billion Yen (US$84.9 million).
 GSFP limits its risk by transacting with only highly rated counterparties and offsetting each transaction with a contract having exact opposite cash flow characteristics. Also, GSFP's counterparty exposure is restricted under established operating guidelines.
 -0- 5/10/93
 /CONTACT: Teri L. Seelig, 212-908-0638, or Stephen W. Joynt, 212-908-0530, both of Fitch/


CO: GS Financial Products International LP ST: IN: FIN SU: RTG

TS -- NY045 -- 6447 05/10/93 11:23 EDT
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Date:May 10, 1993
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