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Published on 2/2/2017 in the Prospect News Structured Products Daily.

New Issue: Goldman prices $473,000 digital notes tied to indexes

By Susanna Moon

Chicago, Feb. 2 – GS Finance Corp. priced $473,000 of digital notes due July 31, 2018 linked to the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If each index finishes at or above the 75% threshold level, the payout at maturity will be the maximum settlement amount of $1,100 for each $1,000 principal amount.

Otherwise, investors will lose 1% for each 1% decline of the worse performing index.

Goldman Sachs & Co. is the agent.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Digital notes
Underlying indexes:S&P 500 and Russell 2000
Amount:$473,000
Maturity:July 31, 2018
Coupon:0%
Price:Par
Payout at maturity:Par plus 10% unless either index falls by more than 25%, in which case full exposure to any losses of worse performing index
Initial index levels:1,375.60 for Russell, 2,296.68 for S&P
Thresholds:75% of initial levels
Pricing date:Jan. 26
Settlement date:Jan. 31
Agent:Goldman, Sachs & Co.
Fees:1.1%
Cusip:40054KST4

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