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Published on 7/3/2017 in the Prospect News Structured Products Daily.

New Issue: GS Finance sells $3.63 million digital notes tied to Stoxx Europe 600

By Marisa Wong

Morgantown, W.Va., July 3 – GS Finance Corp. priced $3.63 million of 0% digital notes due June 30, 2020 linked to the Stoxx Europe 600 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index return is zero or positive, the payout at maturity will be the maximum settlement amount of $1,503.50 per $1,000 principal amount.

Investors will be fully exposed to any losses.

Goldman, Sachs & Co. is the agent.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Digital notes
Underlying index:Stoxx Europe 600
Amount:$3,632,000
Maturity:June 30, 2020
Coupon:0%
Price:Par
Payout at maturity:If the index return is zero or positive, par plus 50.35%; otherwise, full exposure to any losses
Initial index level:387.62
Pricing date:June 23
Settlement date:June 30
Agent:Goldman, Sachs & Co.
Fees:1.75%
Cusip:40054LDN1

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