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Published on 5/18/2017 in the Prospect News Structured Products Daily.

New Issue: GS Finance sells $2.8 million PLUS linked to Russell 2000

By Marisa Wong

Morgantown, W.Va., May 18 – GS Finance Corp. priced $2.8 million of 0% Performance Leveraged Upside Securities due Sept. 6, 2018 linked to the Russell 2000 index, according to a 424B2 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 of $10 plus 300% of the index return, subject to a maximum payout of $11.58 per PLUS. Investors will be fully exposed to any index decline.

Goldman Sachs & Co. LLC is the agent with Morgan Stanley Wealth Management as dealer.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Performance Leveraged Upside Securities
Underlying index:Russell 2000
Amount:$2,803,630
Maturity:Sept. 6, 2018
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 300% of any index gain, capped at $11.58 per PLUS; full exposure to losses
Initial level:1,382.770
Pricing date:May 12
Settlement date:May 17
Agent:Goldman Sachs & Co. LLC
Dealer:Morgan Stanley Wealth Management
Fees:2.35%
Cusip:36251V614

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