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Published on 10/4/2019 in the Prospect News Structured Products Daily.

New Issue: GS Finance prices $7.27 million notes linked to Euro Stoxx 50

By Angela McDaniels

Tacoma, Wash., Oct. 4 – GS Finance Corp. priced $7.27 million of 0% notes due Oct. 6, 2022 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 1.12 times the index return, subject to a maximum settlement amount of $1,500 per $1,000 principal amount of notes.

If the index return is negative, investors will lose 1% for every 1% that the index declines, subject to a minimum settlement amount of $950 per $1,000 principal amount of notes.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the agent.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Notes
Underlying index:Euro Stoxx 50
Amount:$7.27 million
Maturity:Oct. 6, 2022
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 1.12 times index return, subject to maximum settlement amount of $1,500; if index return is negative, 1% loss for every 1% that index declines, subject to minimum settlement amount of $950
Initial level:3,413.31
Pricing date:Oct. 2
Settlement date:Oct. 7
Agent:Goldman Sachs & Co. LLC
Fees:2.425%
Cusip:40056XHC3

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