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Published on 3/18/2014 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs prices $1.21 million trigger notes linked to Verizon

By Angela McDaniels

Tacoma, Wash., March 18 - Goldman Sachs Group, Inc. priced $1.21 million of 0% equity-linked trigger notes due April 1, 2015 linked to the common stock of Verizon Communications Inc., according to a 424B2 filing with the Securities and Exchange Commission.

If the final share price is at least 90% of the initial share price, the payout at maturity will be par plus the greater of the stock return and 4.4%. Otherwise, investors will lose 1% for every 1% that the final share price is less than the initial share price.

Goldman Sachs & Co. is the underwriter with J.P. Morgan Securities LLC as agent.

Issuer:Goldman Sachs Group, Inc.
Issue:Equity-linked trigger notes
Underlying stock:Verizon Communications Inc. (NYSE: VZ)
Amount:$1,205,000
Maturity:April 1, 2015
Coupon:0%
Price:Par
Payout at maturity:If final share price is at least 90% of initial share price, par plus greater of stock return and 4.4%; otherwise, 1% loss for every 1% that final share price is less than initial share price
Initial share price:$46.08
Final share price:Average of closing share prices on March 23, 2015, March 24, 2015, March 25, 2015, March 26, 2015 and March 27, 2015
Pricing date:March 14
Settlement date:March 19
Underwriter:Goldman Sachs & Co.
Agent:J.P. Morgan Securities LLC
Fees:1.1%
Cusip:38147QWK8

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