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Published on 12/26/2017 in the Prospect News Structured Products Daily.

New Issue: Goldman sells $3.08 million buffered digital notes tied to Russell 2000

By Susanna Moon

Chicago, Dec. 26 – GS Finance Corp. priced $3.08 million of 0% buffered digital index-linked notes due June 5, 2019 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or above its initial level, the payout at maturity will be the maximum settlement amount of $1,130.5 for each $1,000 principal amount.

Investors will receive par if the index falls by up to 10% and will lose 1% for each 1% decline beyond the buffer.

Goldman Sachs Group, Inc. is the guarantor.

Goldman Sachs & Co. LLC is the agent.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Buffered digital notes
Underlying asset:Russell 2000 index
Amount:$3,078,000
Maturity:June 5, 2019
Coupon:0%
Price:Par
Payout at maturity:If index gains, par plus 13.05%; if each index falls by up to 10%, par; otherwise, 1% loss per 1% decline beyond 10%
Initial level:1,516.117
Pricing date:Dec. 12
Settlement date:Dec. 15
Agent:Goldman Sachs & Co. LLC
Fees:0.6%
Cusip:40055AB97

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