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Published on 2/25/2014 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs prices $2.05 million digital notes tied to Euro Stoxx 50

By Jennifer Chiou

New York, Feb. 25 - Goldman Sachs Group, Inc. priced $2.05 million of 0% digital index-linked notes due Aug. 26, 2015 tied 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 15%, the payout at maturity will be $1,067 per $1,000 principal amount of notes.

If the index return is less than negative 15%, investors will lose 1.1765% for every 1% that the index declines beyond 15%.

Goldman Sachs & Co. is the underwriter.

Issuer:Goldman Sachs Group, Inc.
Issue:Digital index-linked notes
Underlying index:Euro Stoxx 50
Amount:$2.05 million
Maturity:Aug. 26, 2015
Coupon:0%
Price:Par
Payout at maturity:If index return is greater than or equal to negative 15%, $1,067 per $1,000 principal amount of notes; otherwise, 1.1765% loss for every 1% that index declines beyond 15%
Initial index level:3,131.67
Pricing date:Feb. 21
Settlement date:Feb. 28
Underwriter:Goldman Sachs & Co.
Fees:1.35%
Cusip:38148A217

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