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Published on 4/11/2018 in the Prospect News Structured Products Daily.

New Issue: GS Finance sells $207,000 leveraged buffered notes linked to Euro Stoxx

By Marisa Wong

Morgantown, W.Va., April 11 – GS Finance Corp. priced $207,000 of 0% leveraged buffered index-linked notes due March 30, 2023 tied 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 210% of the index return. Investors will receive par if the index falls by up to 25% and lose 1% for every 1% decline in the index beyond 25%.

Goldman, Sachs & Co. is the underwriter.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Leveraged buffered index-linked notes
Underlying index:Euro Stoxx 50
Amount:$207,000
Maturity:March 30, 2023
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 210% of index return; par if index falls by up to 25%; 1% loss for every 1% decline in index beyond 25%
Initial index level:3,278.72
Pricing date:March 26
Settlement date:March 29
Underwriter:Goldman, Sachs & Co.
Fees:4.475%
Cusip:40055APY7

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