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Published on 1/19/2016 in the Prospect News Structured Products Daily.

New Issue: Goldman Sachs prices $5 million notes linked to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., Jan. 19 – Goldman Sachs Group, Inc. priced $5 million of 0% index-linked notes due Jan. 18, 2018 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is at least negative 20%, the payout at maturity will be the threshold settlement amount of $1,171 per $1,000 principal amount of notes.

If the index return is less than negative 20%, the payout will be par plus the index return.

Goldman Sachs & Co. is the underwriter.

Issuer:Goldman Sachs Group, Inc.
Issue:Index-linked notes
Underlying index:Euro Stoxx 50
Amount:$5 million
Maturity:Jan. 18, 2018
Coupon:0%
Price:Par of $1,000
Payout at maturity:If index return is at least negative 20%, $1,171 per $1,000 principal amount of notes; otherwise, par plus the index return
Initial level:3,043.44, set higher than index closing level on pricing date of 3,024.00
Pricing date:Jan. 14
Settlement date:Jan. 22
Agent:Goldman Sachs & Co.
Fees:1.45%
Cusip:38148TL56

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