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Published on 10/25/2018 in the Prospect News Structured Products Daily.

New Issue: GS Finance prices $762,000 digital equity-linked notes on three stocks

By Wendy Van Sickle

Columbus, Ohio, Oct. 25 – GS Finance Corp. priced $762,000 of 0% digital equity-linked notes due April 22, 2020 linked to the least performing of the shares of Amazon.com, Inc., Facebook, Inc. and Micron Technology, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If each stock finishes at or above its 75% threshold, the payout at maturity will be par plus the greater of the return of the least performing stock and 17%.

Otherwise investors will be fully exposed to any losses of the least performing stock.

Goldman Sachs & Co. is the underwriter.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Digital equity-linked notes
Underlying stocks:Amazon.com, Inc., Facebook, Inc. and Micron Technology, Inc.
Amount:$762,000
Maturity:April 22, 2020
Coupon:0%
Price:Par
Payout at maturity:If each stock finishes at or above its 75% threshold, par plus greater of return of least performing stock and 17%; otherwise investors will be fully exposed to any losses of the least performing stock
Initial levels:$1,831.73 for Amazon.com, $159.42 for Facebook and $42.35 for Micron
Pricing date:Oct. 17
Settlement date:Oct. 22
Underwriter:Goldman Sachs & Co.
Fees:0.15%
Cusip:40056E6J2

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