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Published on 7/6/2018 in the Prospect News Structured Products Daily.

New Issue: GS Finance sells $614,000 leveraged buffered notes linked to MSCI EAFE

By Marisa Wong

Morgantown, W.Va., July 6 – GS Finance Corp. priced $614,000 of 0% leveraged buffered index-linked notes due June 29, 2021 tied to the MSCI EAFE index, according to a 424B2 filing 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 plus 130% of the index return. 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.
Guarantor:Goldman Sachs Group, Inc.
Issue:Leveraged buffered index-linked notes
Underlying index:MSCI EAFE
Amount:$614,000
Maturity:June 29, 2021
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 130% of index return; par if index falls by up to 10%; 1% loss for every 1% decline in index beyond 10%
Initial index level:1,980.44
Pricing date:June 22
Settlement date:June 29
Underwriter:Goldman, Sachs & Co.
Fees:0.25%
Cusip:40055QB50

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