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Published on 5/21/2015 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs prices $600,000 digital notes tied to Euro Stoxx

By Marisa Wong

Madison, Wis., May 21 – Goldman Sachs Group, Inc. priced $600,000 of 0% digital notes due Jan. 24, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than or equal to negative 10%, the payout at maturity will be the maximum settlement amount of $1,110 per $1,000 principal amount of notes. Otherwise, investors will lose 1.1111% for every 1% that the index declines beyond 10%.

Goldman Sachs & Co. is the underwriter.

Issuer:Goldman Sachs Group, Inc.
Issue:Digital index-linked notes
Underlying index:Euro Stoxx 50 index
Amount:$600,000
Maturity:Jan. 24, 2017
Coupon:0%
Price:Par
Payout at maturity:If index return is greater than or equal to negative 10%, $1,110 per $1,000 principal amount; otherwise, 1.1111% loss for every 1% decline beyond 10%
Initial level:3,670.52
Pricing date:May 19
Settlement date:May 27
Agent:Goldman Sachs & Co.
Fees:1.15%
Cusip:38148W565

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