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Published on 7/3/2017 in the Prospect News Structured Products Daily.

New Issue: GS Finance sells $2.83 million index-linked notes tied to Euro Stoxx

By Marisa Wong

Morgantown, W.Va., July 3 – GS Finance Corp. priced $2.83 million of 0% index-linked notes due June 30, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index return is at least negative 20%, the payout at maturity will be the threshold settlement amount of $1,252.50 per $1,000 principal amount.

If the index falls by more than 20%, investors will lose 1% for every 1% decline below the initial level.

Goldman, Sachs & Co. is the agent.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Index-linked notes
Underlying index:Euro Stoxx 50
Amount:$2,832,000
Maturity:June 30, 2020
Coupon:0%
Price:Par
Payout at maturity:If the index return is at least negative 20%, $1,252.50 per $1,000 principal amount; otherwise, 1% loss for every 1% decline below the initial level
Initial index level:3,543.68
Pricing date:June 23
Settlement date:June 30
Agent:Goldman, Sachs & Co.
Fees:1.75%
Cusip:40054LDM3

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