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Published on 12/29/2015 in the Prospect News Structured Products Daily.

New Issue: Goldman sells $1.42 million callable notes on Russell, S&P, Euro Stoxx

By Devika Patel

Knoxville, Tenn., Dec. 29 – Goldman Sachs Group, Inc. priced $1.42 million of callable index-linked notes due June 28, 2017 tied to the Russell 2000 index, the S&P 500 index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will pay a fixed coupon at an annualized rate of 8% on each quarterly payment date. The notes may be redeemed at par on any payment date until March 2017.

If the notes are not redeemed, the payment at maturity will be par plus the final coupon payment unless any of the indexes finish below 70% of their respective initial levels, in which case investors will be exposed to the decline of the least performing index.

Goldman Sachs & Co. is the agent.

Issuer:Goldman Sachs Group, Inc.
Issue:Callable index-linked notes
Underlying indexes:Russell 2000, S&P 500 and Euro Stoxx 50
Amount:$1,423,000
Maturity:June 28, 2017
Coupon:8%
Price:Par
Payout at maturity:Par plus final coupon unless any of the indexes finish below 70% of their respective initial levels, in which case investors will be exposed to the decline of the least performing index
Initial levels:1,152.817 for Russell 2000, 2,064.29 for S&P 500, 3,286.68 for Euro Stoxx 50
Pricing date:Dec. 23
Settlement date:Dec. 29
Agent:Goldman Sachs & Co.
Fees:1.6%
Cusip:38148TKP3

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