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Published on 1/4/2016 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs prices $8.97 million of PLUS linked to S&P 500 index

By Wendy Van Sickle

Columbus, Ohio, Jan. 4 – Goldman Sachs Group, Inc. priced $8.97 million of 0% Performance Leveraged Upside Securities due April 4, 2017 linked to the S&P 500 index, according to an FWP filing with the Securities and Exchange Commission.

If the final index level is greater than the initial index level, the payout at maturity will be par of $10 plus 300% of the index return, subject to a maximum return of 14.75%. If the final index level is less than the initial index level, investors will have one-to-one exposure to the decline.

Goldman Sachs & Co. is the underwriter. Morgan Stanley Wealth Management is acting as dealer.

Issuer:Goldman Sachs Group, Inc.
Issue:Performance Leveraged Upside Securities
Underlying index:S&P 500
Amount:$8,966,040
Maturity:April 4, 2017
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 300% of any index gain, capped at $11.475 per PLUS; full exposure to any index decline
Initial index level:2,063.36
Pricing date:Dec. 30
Settlement date:Jan. 5
Underwriter:Goldman Sachs & Co.
Dealer:Morgan Stanley Wealth Management
Fees:2.35%
Cusip:38148X787

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