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Published on 7/31/2018 in the Prospect News Structured Products Daily.

New Issue: GS Finance sells $61,000 leveraged index-linked notes on Euro Stoxx 50

By Sarah Lizee

Olympia, Wash., July 31 – GS Finance Corp. priced $61,000 of 0% leveraged index-linked notes due Aug. 2, 2021 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 1.3 times the index return.

If the index declines, investors will receive the greater of the minimum settlement amount of $950 per $1,000 of notes and the sum of par plus the return.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. is the underwriter.

Issuer:GS Finance Corp.
Issue:Leveraged index-linked notes
Underlying index:Euro Stoxx 50
Amount:$61,000
Maturity:Aug. 2, 2021
Coupon:0%
Price:Par
Payout at maturity:If the index return is positive, par plus 1.3 times the index return; if index declines, greater of the minimum settlement amount of $950 per $1,000 of notes and the sum of par plus the return
Initial index level:3,509.26
Pricing date:July 26
Settlement date:July 31
Underwriter:Goldman Sachs & Co.
Fees:3.5%
Cusip:40055QM66

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