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Published on 9/8/2017 in the Prospect News Structured Products Daily.

New Issue: GS Finance sells $1 million trigger notes linked to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., Sept. 8 – GS Finance Corp. priced $1 million of 0% trigger notes due March 3, 2021 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 final index level is greater than or equal to 75% of the initial index level, the payout at maturity will be par plus the greater of 1.8 times the index return and zero. Otherwise, investors will lose 1% for every 1% that the final index level is less than the initial index level.

Goldman Sachs & Co. is the underwriter.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Trigger notes
Underlying index:Euro Stoxx 50
Amount:$1 million
Maturity:March 3, 2021
Coupon:0%
Price:Par
Payout at maturity:If the final index level is greater than or equal to 75% of the initial index level, par plus the greater of 1.8 times the index return and zero; otherwise, 1% loss for every 1% that the final index level is less than the initial index level
Initial index level:3,388.22
Pricing date:Aug. 29
Settlement date:Sept. 1
Underwriter:Goldman, Sachs & Co.
Fees:3%, including up to 2.75% for selling concessions
Cusip:40054LQB3

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