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Published on 7/6/2017 in the Prospect News Structured Products Daily.

New Issue: GS Finance sells $3.19 million digital notes on Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, July 6 – GS Finance Corp. priced $3.19 million of 0% digital notes due April 4, 2019 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the final index level is greater than or equal to 85% of the initial index level, the payout at maturity will be the threshold settlement amount, $1,093 per $1,000 of notes.

Investors will lose 1.1765% for each 1% decline beyond the 15%.

Goldman Sachs & Co. is the agent.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Digital notes
Underlying index:Euro Stoxx 50
Amount:$3,192,000
Maturity:April 4, 2019
Coupon:0%
Price:Par
Payout at maturity:If the final index level is greater than or equal to 85% of initial index level, $1,093 per $1,000 of notes; 1.1765% loss for each 1% decline beyond 15%
Initial index level:3,491.81
Pricing date:July 3
Settlement date:July 11
Underwriter:Goldman Sachs & Co.
Fees:1.46%
Cusip:40054LK45

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