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Published on 7/24/2018 in the Prospect News Structured Products Daily.

New Issue: GS Finance sells $140,000 leveraged buffered notes linked to Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, July 24 – GS Finance Corp. priced $140,000 of 0% leveraged buffered notes due Jan. 7, 2021 tied to the Euro Stoxx 50 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 160% of the index return. Investors will receive par if the index falls by up to 15% and lose 1% for every 1% decline in the index beyond 15%.

Goldman, Sachs & Co. is the underwriter.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Leveraged buffered notes
Underlying index:Euro Stoxx 50
Amount:$140,000
Maturity:Jan. 7, 2021
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 160% of return; par if index falls by up to 15%; 1% loss for every 1% decline in index beyond 15%
Initial level:3,372.21
Pricing date:July 2
Settlement date:July 6
Underwriter:Goldman, Sachs & Co.
Fees:0.725%
Cusip:40055QER9

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