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Published on 11/13/2017 in the Prospect News Structured Products Daily.

New Issue: GS Finance prices $1.03 million leveraged buffered notes linked to Euro Stoxx

New York, Nov. 13 – GS Finance Corp. priced $1.03 million of 0% leveraged buffered index-linked notes due Aug. 13, 2019 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 150% of the index return, subject to a maximum payment of $1,246 per $1,000 principal amount. Investors will receive par if the index falls by up to 10% and lose 1% for every 1% decline in the index beyond 10%.

Goldman, Sachs & Co. is the underwriter.

Issuer:GS Finance Corp.
Issue:Leveraged buffered index-linked notes
Underlying index:Euro Stoxx 50
Amount:$1.03 million
Maturity:Aug. 13, 2019
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 150% of index return, subject to maximum payment of $1,246 per $1,000 principal amount; par if index falls by up to 10%; 1% loss for every 1% decline in index beyond 10%
Initial index level:3,655.04
Pricing date:Nov. 8
Settlement date:Nov. 13
Underwriters:Goldman Sachs & Co.
Fees:0.4%
Cusip:40054LX66

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