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Published on 1/29/2020 in the Prospect News Structured Products Daily.

New Issue: GS Finance prices $4.3 million leveraged buffered notes linked to MSCI EAFE

By Wendy Van Sickle

Columbus, Ohio, Jan. 29 – GS Finance Corp. priced $4.3 million of 0% leveraged buffered notes due Dec. 29, 2021 linked to the MSCI EAFE 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 150% of the index return, subject to a maximum return of 18%. If the index falls by up to 20%, the payout will be par. Investors will lose 1.25% for each 1% decline of the index beyond 20%.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the underwriter.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Leveraged buffered notes
Underlying index:MSCI EAFE
Amount:$4.3 million
Maturity:Dec. 29, 2021
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 150% of index return, subject to 18% maximum return; if index falls by up to 20%, par; 1.25% loss for each 1% decline beyond 20%
Initial level:2,044.92
Pricing date:Jan. 24
Settlement date:Jan. 29
Underwriter:Goldman Sachs & Co. LLC
Fees:0.15%
Cusip:40056YDG6

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