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Published on 3/16/2015 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs prices $5 million return optimization notes linked to Euro Stoxx 50

By Toni Weeks

San Luis Obispo, Calif., March 16 – Goldman Sachs Group, Inc. priced $5 million of 0% return optimization securities due Sept. 16, 2016 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus three times the index return, subject to a maximum settlement amount of $12.65 per $10.00 principal amount of notes. If the index return is negative, investors will experience a loss proportionate to the index’s decline.

Goldman Sachs & Co. is the underwriter.

Issuer:Goldman Sachs Group, Inc.
Issue:Return optimization securities
Underlying index:Euro Stoxx 50
Amount:$5 million
Maturity:Sept. 16, 2016
Coupon:0%
Price:Par
Payout at maturity:Par plus 300% of any gain, capped at 26.5%; exposure to any losses
Initial level:3,641.32
Pricing date:March 12
Settlement date:March 17
Agent:Goldman Sachs & Co.
Fees:2.1%
Cusip:38146U397

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