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

New Issue: GS Finance prices $5.25 million trigger digital securities tied to iShares MSCI EAFE

By Wendy Van Sickle

Columbus, Ohio, Dec. 7 – GS Finance Corp. priced $5.25 million of 0% trigger digital notes due Nov. 8, 2018 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the final share price is greater than or equal to the downside threshold, 70% of the initial share price, the payout at maturity will be par plus 11.6%. If the final share price is less than the downside threshold, investors will lose 1% for each 1% decline.

Goldman, Sachs & Co. is the agent.

Issuer:Credit Suisse AG, London Branch
Issue:Trigger digital securities
Underlying ETF:iShares MSCI EAFE ETF
Amount:$5.25 million
Maturity:Nov. 8, 2018
Coupon:0%
Price:Par
Payout at maturity:If final share price is greater than or equal to downside threshold, par plus 11.6%; otherwise, full exposure to ETF’s decline
Initial share price:$56.71
Downside threshold$39.70, 70% of initial share price
Pricing date:Dec. 2
Settlement date:Dec. 7
Agent:Goldman, Sachs & Co.
Fees:1.15%
Cusip:36251U376

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