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Published on 5/31/2018 in the Prospect News Structured Products Daily.

New Issue: Goldman prices $115,000 eight-year par protected notes tied to S&P 500

By Susanna Moon

Chicago, May 31 – GS Finance Corp. priced $115,000 of 0% notes due May 29, 2026 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any index gain up to a maximum settlement amount of $2,250 for each $1,000 principal amount.

If the index falls, the payout will be par.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. is the agent.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Notes
Underlying index:S&P 500
Amount:$115,000
Maturity:May 29, 2026
Coupon:0%
Price:Par
Payout at maturity:Par plus any index gain, capped at $2,250 for each $1,000 principal amount and floor of par
Initial level:2,733.29
Pricing date:May 23
Settlement date:May 29
Agent:Goldman Sachs & Co. LLC
Fees:4.4%
Cusip:40055AZY6

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