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Published on 12/20/2016 in the Prospect News Structured Products Daily.

New Issue: GS Finance prices $3.55 million PLUS linked to S&P 500

By Wendy Van Sickle

Columbus, Ohio, Dec. 20 – GS Finance Corp. priced $3.55 million of 0% Performance Leveraged Upside Securities due Jan. 19, 2018 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index return is positive, the payout at maturity will be par of $10 plus 200% of the index return, subject to a maximum return of 12.25%. If the index return is negative, investors will be fully exposed to the decline.

Goldman Sachs & Co. is the agent with Morgan Stanley Wealth Management as dealer.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group Inc.
Issue:Performance Leveraged Upside Securities
Underlying index:S&P 500
Amount:$3,551,000
Maturity:Jan. 19, 2018
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus 200% of index return, subject to 12.25% maximum return; if index declines, full exposure to decline
Initial level:2,258.07
Pricing date:Dec. 16
Settlement date:Dec. 21
Agent:Goldman Sachs & Co.
Dealer:Morgan Stanley Wealth Management
Fees:2.35%
Cusip:36251U442

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