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Published on 1/29/2016 in the Prospect News Structured Products Daily.

New Issue: GS Finance prices $331,000 of three-year digital notes on Russell 2000

By Wendy Van Sickle

Columbus, Ohio, Jan. 29 – GS Finance Corp. priced $331,000 of 0% digital notes due Jan. 28, 2019 linked to the Russell 2000 index, according to a 424B2 filed with the Securities and Exchange Commission.

If the index finishes at or above the 85% trigger level, the payout at maturity will be the maximum settlement amount of $1,160 per $1,000 principal amount.

Otherwise, investors will lose 1% for every 1% decline beyond 15%.

Goldman Sachs & Co. is the underwriter.

The notes are guaranteed by Goldman Sachs Group, Inc.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Digital notes
Underlying index:Russell 2000
Amount:$331,000
Maturity:Jan. 28, 2019
Coupon:0%
Price:Par
Payout at maturity:If index return is greater than or equal to negative 15%, $1,160 per $1,000 of notes; otherwise, 1% loss for every 1% that index declines beyond 15%
Initial index level:1,002.747
Pricing date:Jan. 27
Settlement date:Jan. 29
Agent:Goldman, Sachs & Co.
Fees:3.65%
Cusip:40054CAL8

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