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Published on 7/12/2016 in the Prospect News Structured Products Daily.

New Issue: GS Finance prices $708,000 of trigger notes linked to S&P 500 index

By Wendy Van Sickle

Columbus, Ohio, July 12 – GS Finance Corp. priced $708,000 of 0% trigger notes due Oct. 18, 2017 linked to the S&P 500 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 par plus 8.75%.

Otherwise, investors will be fully exposed to the decline in the index.

Goldman Sachs & Co. is the agent.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Trigger notes
Underlying index:S&P 500
Amount:$708,000
Maturity:Oct. 18, 2017
Coupon:0%
Price:Par
Payout at maturity:If final index level is greater than or equal to 85% of the initial index level, par plus 8.75%; otherwise, full exposure to index decline
Initial index level:2,129.90
Final level:Average of index closing levels on the five trading days ending Oct. 13, 2017
Pricing date:July 8
Settlement date:July 13
Agent:Goldman, Sachs & Co.
Fees:1.22%
Cusip:40054KFU5

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