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Published on 9/23/2015 in the Prospect News Structured Products Daily.

New Issue: Goldman prices $2.15 million leveraged buffered notes linked to indexes

By Susanna Moon

Chicago, Sept. 23 – Goldman Sachs Group, Inc. priced $2.15 million of 0% leveraged buffered basket-linked notes due March 22, 2018 tied to a basket composed of the Russell 2000 index and the MSCI EAFE index, equally weighted, according to a 424B2 filing with the Securities and Exchange Commission.

If the basket finishes above the initial level, the payout at maturity will be par plus 1.04 times the gain.

Investors will receive par if the basket falls by up to 10% and will lose 1.1111% for each 1% decline beyond 10%.

Goldman, Sachs & Co. is the underwriter.

Issuer:Goldman Sachs Group, Inc.
Issue:Leveraged buffered basket-linked notes
Underlying index:Russell 2000 index and MSCI EAFE index, equally weighted
Amount:$2.15 million
Maturity:March 22, 2018
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.04 times any gain; if basket falls by up to 10%, par; otherwise, 1.1111% loss per 1% drop beyond 10%
Initial levels:1,163.346 Russell and 1,713.96 for MSCI EAFE
Pricing date:Sept. 18
Settlement date:Sept. 25
Underwriter:Goldman, Sachs & Co.
Fees:1.825%
Cusip:38148TEY1

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