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Published on 9/6/2019 in the Prospect News Structured Products Daily.

New Issue: GS Finance prices $139,000 leveraged notes linked to Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, Sept. 6 – GS Finance Corp. priced $139,000 of 0% leveraged notes due Sept. 2, 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 140% of the index return. Investors will be exposed to the first 5% of any index decline, with a minimum payout of 95% of par.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the underwriter.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Leveraged notes
Underlying index:Euro Stoxx 50
Amount:$139,000
Maturity:Sept. 2, 2022
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 140% of index return; exposure to first 5% of any index decline
Initial level:3,426.76
Pricing date:Aug. 30
Settlement date:Sept. 5
Underwriter:Goldman Sachs & Co. LLC
Fees:0.945%
Cusip:40056FYB5

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