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Published on 6/14/2018 in the Prospect News Structured Products Daily.

New Issue: GS Finance sells $1.23 million fixed-coupon index-linked autocallables on Russell, S&P

By Wendy Van Sickle

Columbus, Ohio, June 14 – GS Finance Corp. priced $1.23 million of 6.2% fixed-coupon index-linked notes due June 11, 2019 tied to the lesser performing of 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.

Interest is payable monthly.

The notes will be called at par plus the coupon if both indexes clos above their initial level on March 6, 2019.

The payout at maturity will be par unless either index finishes below its initial level and either index has closed below its 70% trigger level any day during the life of the notes, in which case investors will be fully exposed to the decline of the lesser performing index.

Goldman, Sachs & Co. LLC is the agent.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Fixed-coupon index-linked autocallable notes
Underlying indexes:Russell 2000, S&P 500
Amount:$1.23 million
Maturity:June 11, 2019
Coupon:6.2%, payable monthly
Price:Par of $1,000
Call:At par plus the coupon if both indexes clos above their initial level on March 6, 2019
Payout at maturity:Par unless either index finishes below initial level and either index has closed below 70% trigger level any day during life of notes, in which case full exposure to decline of lesser performing index
Initial levels:2,772.35 for S&P, 1,675.949 for Russell
Pricing date:June 6
Settlement date:June 11
Agent:Goldman, Sachs & Co. LLC
Fees:0.6%
Cusip:40055QCE0

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