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Published on 11/4/2014 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs prices $4.27 million trigger notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Nov. 4 – Goldman Sachs Group, Inc. priced $4.27 million of 0% trigger notes due Jan. 20, 2017 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index's closing level is greater than or equal to 60% of the initial level on every day during the life of the notes, the payout at maturity will be par plus 10.25%. Otherwise, the payout will be par plus the index return, subject to a maximum return of 10.25% and with exposure to losses, if any.

Goldman Sachs & Co. is the underwriter.

Issuer:Goldman Sachs Group, Inc.
Issue:Trigger notes
Underlying index:S&P 500
Amount:$4,265,000
Maturity:Jan. 20, 2017
Coupon:0%
Price:Par
Payout at maturity:If index's closing level is greater than or equal to 60% of initial level on every day during life of notes, par plus 10.25%; otherwise, par plus index return, subject to 10.25% maximum return and with exposure to losses, if any
Initial index level:2,018.05
Pricing date:Oct. 31
Settlement date:Nov. 7
Underwriter:Goldman Sachs & Co.
Fees:0.275%
Cusip:38147QM45

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