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Published on 1/31/2019 in the Prospect News Structured Products Daily.

New Issue: GS Finance prices $1.48 million 4.6% coupon buffered notes linked to Russell

By Wendy Van Sickle

Columbus, Ohio, Jan. 31 – GS Finance Corp. priced $1.48 million of 4.6% fixed-coupon buffered notes due Jan. 31, 2022 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable quarterly.

The notes are guaranteed by Goldman Sachs Group, Inc.

The payout at maturity will be par unless the underlying asset falls by more than 15%, in which case investors will be exposed to any losses beyond the buffer.

Goldman Sachs & Co. LLC is the agent.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Fixed-coupon buffered notes
Underlying asset:Russell 2000 index
Amount:$1,475,000
Maturity:Jan. 31, 2022
Coupon:4.6%, payable quarterly
Price:Par
Payout at maturity:Par unless index falls by more than 15%, in which case 1% loss per 1% decline beyond 15%
Initial level:1,473.536
Pricing date:Jan. 29
Settlement date:Jan. 31
Agent:Goldman Sachs & Co. LLC
Fees:3%
Cusip:40056EQ84

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