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Published on 8/1/2018 in the Prospect News Structured Products Daily.

New Issue: GS Finance sells $120,000 leveraged buffered notes due 2022 on MSCI EAFE

By Sarah Lizee

Olympia, Wash., Aug. 1 – GS Finance Corp. priced $120,000 of 0% leveraged buffered notes due July 29, 2022 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.34 times any index gain.

Investors will receive par if the index falls by up to 20% and will lose 1% for each 1% decline beyond the buffer.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. is the underwriter.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Leveraged buffered notes
Underlying index:MSCI EAFE
Amount:$120,000
Maturity:July 29, 2022
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.34 times any index gain; par if index falls by up to 20%; otherwise, 1% loss per 1% decline beyond 20%
Initial level:2,002.30
Pricing date:July 26
Settlement date:July 31
Underwriter:Goldman Sachs & Co.
Fees:3%
Cusip:40055QMA7

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