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Published on 8/30/2017 in the Prospect News Structured Products Daily.

New Issue: GS Finance prices $1.29 million leveraged buffered notes on Euro Stoxx

By Marisa Wong

Morgantown, W.Va., Aug. 30 – GS Finance Corp. priced $1.29 million of 0% leveraged buffered index-linked notes due May 28, 2020 tied 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 positive, the payout at maturity will be par plus 140% of the index return. Investors will receive par if the index falls by up to 15% and lose 1% for every 1% decline in the index beyond 15%.

Goldman, Sachs & Co. is the underwriter.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Leveraged buffered notes
Underlying index:Euro Stoxx 50
Amount:$1,288,000
Maturity:May 28, 2020
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 140% of index return; par if index falls by up to 15%; 1% loss for every 1% decline in index beyond 15%
Initial index level:3,438.55
Pricing date:Aug. 25
Settlement date:Aug. 30
Underwriter:Goldman, Sachs & Co.
Fees:0.725%
Cusip:40054LMQ4

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