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Published on 1/13/2015 in the Prospect News Structured Products Daily.

New Issue: Goldman sells $2.25 million one-year trigger notes linked to Euro Stoxx

By Susanna Moon

Chicago, Jan. 13 – Goldman Sachs Group, Inc. priced $2.25 million of 0% leveraged trigger notes due Jan. 27, 2016 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index never dips below the 80% trigger level during the life of the notes and finishes at or above the trigger, the payout at maturity will be par plus the contingent minimum return of 10.8%.

Otherwise, the payout will be par plus the index return, with full exposure to any losses and any gains capped at 10.8%.

Goldman Sachs & Co. is the underwriter.

Issuer:Goldman Sachs Group, Inc.
Issue:Trigger notes
Underlying index:Euro Stoxx 50
Amount:$2.25 million
Maturity:Jan. 27, 2016
Coupon:0%
Price:Par
Payout at maturity:If index never dips below trigger level and finishes at or above trigger level, par plus 10.8%; otherwise, full exposure to any losses and any gains capped at 10.8%
Initial index level:3,042.90
Trigger level:80% of initial level
Pricing date:Jan. 9
Settlement date:Jan. 14
Underwriter:Goldman Sachs & Co.
Fees:1.1%
Cusip:38147QRG3

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