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Published on 7/27/2016 in the Prospect News Structured Products Daily.

New Issue: GS Finance prices $795,000 trigger notes linked to Stoxx Europe 600

By Marisa Wong

Morgantown, W.Va., July 27 – GS Finance Corp. priced $795,000 of 0% trigger notes due Aug. 30, 2017 linked to the Stoxx Europe 600 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Goldman Sachs Group, Inc.

If the final index level is greater than or equal to 85% of the initial index level, the payout at maturity will be par plus 8.4%. Otherwise, investors will lose 1% for every 1% that the final index level is less than the initial index level.

Goldman Sachs & Co. is the underwriter with J.P. Morgan Securities LLC as placement agent.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Trigger notes
Underlying index:Stoxx Europe 600
Amount:$795,000
Maturity:Aug. 30, 2017
Coupon:0%
Price:Par
Payout at maturity:If final index level is greater than or equal to 85% of initial index level, par plus 8.4%; otherwise, 1% loss for every 1% that final index level is less than initial index level
Initial index level:340.33
Final index level:Average of index’s closing levels on five trading days ending Aug. 25, 2017
Pricing date:July 22
Settlement date:July 27
Underwriter:Goldman Sachs & Co.
Placement agent:J.P. Morgan Securities LLC
Fees:1.14%
Cusip:40054KG91

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