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Published on 2/25/2016 in the Prospect News Structured Products Daily.

GS Finance to price index-linked notes tied to the Russell 2000 index

By Devika Patel

Knoxville, Tenn., Feb. 25 – GS Finance Corp. plans to price 0% two-year index-linked notes tied to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index finishes at or above the initial level, the payout at maturity will be par plus double the index gain, subject to a maximum settlement amount of $1,200 per $1,000 principal amount of notes.

If the index falls by up to 35%, the payout will be half of the absolute value of the index return. Otherwise, investors will be fully exposed to any declines beyond the 35% buffer.

Goldman, Sachs & Co. is the agent.

The Cusip is 40054K3Z7.


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