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Published on 12/10/2018 in the Prospect News Structured Products Daily.

New Issue: Goldman sells another add-on tied to Bloomberg Commodity, lifts to $122.15 million

By Susanna Moon

Chicago, Dec. 10 – GS Finance Corp. priced another $30 million of 0% notes due Aug. 19, 2019 linked to the Bloomberg Commodity index, according to a 424B2 filing with the Securities and Exchange Commission.

The most recent add-on priced at 98.05.

As announced, the issuer priced $62.15 million of the notes on July 11 and a reopening of the issue at 97 on Sept. 13.

The payout at maturity will be par plus any index gain.

Investors will be exposed to any losses.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the underwriter.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Notes
Underlying index:Bloomberg Commodity index
Amount:$122.15 million, up from $62.15 million
Maturity:Aug. 19, 2019
Coupon:0%
Price:Par for $62.15 million, 97 for $30 million and 98.05 for latest add-on
Payout at maturity:Par plus any index gain; exposure to any losses
Initial level:83.4448
Pricing date:July 11 for $62.15 million, Sept. 13 for $30 million and Nov. 1 for latest add-on
Settlement date:July 18 for $62.15 million, Sept. 20 for $30 million and Nov. 8 for latest add-on
Agent:Goldman Sachs & Co. LLC
Fees:0.1% for original issue, 0.05% for add-ons
Cusip:40055QMX7

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