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Published on 9/17/2018 in the Prospect News Structured Products Daily.

New Issue: GS Finance sells $365,000 leveraged notes linked to Euro Stoxx 50

By Marisa Wong

Morgantown, W.Va., Sept. 17 – GS Finance Corp. priced $365,000 of 0% leveraged index-linked notes due Sept. 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 130% of the index return. If the index return is zero or negative, the payout will be par plus the index return, subject to a minimum payout of 95% of par.

Goldman, Sachs & Co. is the underwriter.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Leveraged index-linked notes
Underlying index:Euro Stoxx 50
Amount:$365,000
Maturity:Sept. 7, 2021
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 130% of index gain; otherwise, par plus index return, subject to floor of 95% of par
Initial index level:3,447.57
Pricing date:Aug. 28
Settlement date:Aug. 31
Underwriter:Goldman, Sachs & Co.
Fees:3.5%
Cusip:40055QPA4

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