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Published on 12/19/2016 in the Prospect News Structured Products Daily.

GS Finance will price digital notes due 2019 linked to Russell 2000

By Devika Patel

Knoxville, Tenn., Dec. 19 – GS Finance Corp. plans to price 0% digital notes due Jan. 2, 2019 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Goldman Sachs Group, Inc.

If the index return is greater than or equal to negative 10%, the payout at maturity will be the maximum settlement amount of $1,125 per $1,000 of notes. Otherwise, investors will lose 1% for every 1% that the index declines beyond 10%.

Goldman Sachs & Co. is the agent.

The notes (Cusip: 40054KRV0) will price on Dec. 27 and settle on Dec. 30.


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