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Published on 12/16/2016 in the Prospect News Structured Products Daily.

New Issue: GS Finance prices $715,000 leveraged buffered notes tied to Euro Stoxx

By Angela McDaniels

Tacoma, Wash., Dec. 16 – GS Finance Corp. priced $715,000 of 0% leveraged buffered notes due March 16, 2020 linked to the Euro Stoxx 50 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 positive, the payout at maturity will be par plus 150% of the index return, subject to a maximum return of 42.5%. Investors will receive par if the index falls by up to 25% and lose 1% for every 1% that the index may decline beyond 25%.

Goldman Sachs & Co. is the underwriter.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Leveraged buffered notes
Underlying index:Euro Stoxx 50
Amount:$715,000
Maturity:March 16, 2020
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 150% of index return, subject to 42.5% maximum return; par if index falls by up to 25%; 1% loss for every 1% decline in index beyond 25%
Initial index level:3,197.54
Pricing date:Dec. 9
Settlement date:Dec. 16
Underwriter:Goldman Sachs & Co.
Fees:2.1%
Cusip:40054KRG3

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