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Published on 6/16/2015 in the Prospect News Structured Products Daily.

New Issue: Goldman prices $5.36 million buffered digital notes tied to Euro Stoxx

By Susanna Moon

Chicago, June 16 – Goldman Sachs Group, Inc. priced $5.36 million of 0% buffered digital notes due July 26, 2017 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above the initial level, the payout at maturity will be the maximum settlement amount of $1,200 per $1,000 principal amount of notes.

Investors will receive par if the index falls by up to 10% and will lose 1.1111% for each 1% decline beyond 10%.

Goldman Sachs & Co. is the underwriter.

Issuer:Goldman Sachs Group, Inc.
Issue:Buffered digital index-linked notes
Underlying index:Euro Stoxx 50 index
Amount:$5,364,000
Maturity:July 26, 2017
Coupon:0%
Price:Par
Payout at maturity:If index finishes at or above initial level, par plus 20%; if index falls by up to 10%, par; otherwise, 1.1111% loss for every 1% decline beyond 10%
Initial level:3,502.77
Buffer level:90% of initial level
Pricing date:June 12
Settlement date:June 19
Agent:Goldman Sachs & Co.
Fees:1.675%
Cusip:38148T5K1

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