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Published on 10/7/2015 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs prices $6.31 million notes due 2017 linked to S&P 500

By Marisa Wong

Morgantown, W.Va., Oct. 7 – Goldman Sachs Group, Inc. priced $6.31 million of 0% notes due April 12, 2017 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any index gain, up to a maximum settlement amount of $1,174 per $1,000 principal amount of notes.

If the final index level is at least 82.6% of the initial level, the payout will be par plus the absolute value of the index return.

If the final index level is less than 82.6% of the initial level, the payout will be par plus the index return with full exposure to losses.

Goldman Sachs & Co. is the underwriter.

Issuer:Goldman Sachs Group, Inc.
Issue:Notes
Underlying index:S&P 500 index
Amount:$6,307,000
Maturity:April 12, 2017
Coupon:0%
Price:Par
Payout at maturity:Par plus any index gain, up to a maximum settlement amount of $1,174 per $1,000 of notes; if final index level is at least 82.6% of the initial level, par plus the absolute value of the index return; otherwise, par plus the index return with full exposure to losses
Initial index level:1,951.36
Pricing date:Oct. 2
Settlement date:Oct. 7
Underwriter:Goldman Sachs & Co.
Fees:1.4%
Cusip:38148TFS3

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