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Published on 3/2/2016 in the Prospect News Structured Products Daily.

New Issue: GS Finance prices $7.74 million leveraged buffered notes on Euro Stoxx

By Devika Patel

Knoxville, Tenn., March 2 – GS Finance Corp. priced $7.74 million of 0% leveraged buffered notes due March 15, 2018 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 index return is positive, the payout at maturity will be par plus 130% of the index return, subject to a maximum settlement amount of $1,300 per $1,000 of notes. Investors will receive par if the index declines by 10% or less and will lose 1.1111% for every 1% that the index declines beyond 10%.

Goldman Sachs & Co. is the agent.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Leveraged buffered index-linked notes
Underlying index:Euro Stoxx 50
Amount:$7,735,000
Maturity:March 15, 2018
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 130% of index gain, capped at $1,300 per $1,000 of notes; par if index falls by up to 10%; 1.1111% loss for every 1% drop beyond 10%
Initial level:2,945.75
Pricing date:Feb. 29
Settlement date:March 7
Agent:Goldman Sachs & Co.
Fees:1.675%
Cusip:40054K4U7

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