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Published on 12/3/2015 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs prices $14.61 million PLUS linked to S&P 500 index

By Marisa Wong

Morgantown, W.Va., Dec. 3 – Goldman Sachs Group, Inc. priced $14.61 million of 0% Performance Leveraged Upside Securities due March 3, 2017 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 300% of the index return, subject to a maximum return of 13.25%. Investors will be exposed to losses if the index declines.

Goldman Sachs & Co. is the underwriter.

Issuer:Goldman Sachs Group, Inc.
Issue:Performance Leveraged Upside Securities
Underlying index:S&P 500
Amount:$14,612,580
Maturity:March 3, 2017
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 300% of any index gain, capped at 13.25%; full exposure to any index decline
Initial index level:2,080.41
Pricing date:Nov. 30
Settlement date:Dec. 3
Underwriter:Goldman Sachs & Co.
Fees:2.35%
Cusip:38148X621

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