Otherwise is equal to approximately the estimated value of your notes at the time of pricing, plus an additional amount (initially equal to $10.5 per $1,000 face amount). will initially use for account statements and would initially buy or sell notes (if it makes a market, which it is not obligated to do) and the value that GS&Co. Including GS&Co.s customary bid and ask spreads) at which GS&Co.
The value of your notes at any time will reflect many factors and cannot be predicted however, the price (not Into account our credit spreads) is equal to approximately $987 per $1,000 face amount, which is less than the original issue price. The estimated value of your notes at the time the terms of your notes are set on the trade date (as determined by reference to pricing models used by Goldman Sachs & Co. In the confirmation of sale, this prospectus is being used in a market-making transaction. or its agent informs the purchaser otherwise may use this prospectus in a market-making transaction in a note after its initial sale. LLC or any other affiliate of GS Finance Corp. may use this prospectus in the initial sale of the notes. Notes will depend in part on the issue price you pay for such notes. The return (whether positive or negative) on your investment in We mayĭecide to sell additional notes after the date of this pricing supplement, at issue prices and with underwriting discounts and net proceeds that differ from the amounts set forth above. The issue price, underwriting discount and net proceeds listed above relate to the notes we sell initially. Pricing Supplement No. 2,508 dated January 2, 2018. The notes are not bank deposits and are not insured by the Federal Deposit Insurance Corporation or any other governmental agency, norĪre they obligations of, or guaranteed by, a bank. Any representation to the contrary is a criminal offense. Passed upon the accuracy or adequacy of this prospectus. Neither the Securities and Exchange Commission nor any other regulatory body has approved or disapproved of these securities or Your notes, if it makes a market in the notes, see the following page. For a discussion of the estimated value and the price at which Goldman Sachs & Co. Notes at the time the terms of your notes are set on the trade date is equal to approximately $987 per $1,000 face amount. Your investment, including the credit risk of GS Finance Corp. You should read the disclosure herein to better understand the terms and risks of Receive less than the face amount of your notes. Than 20%), the sum of (i) $1,000 plus (ii) the product of (a) the buffer rate of 125% (see page PS-6) times (b) the sum of the index return plus 20% times (c) $1,000. If the index return is negative and is below -20% (the final index level is less than the initial index level by more Index level or is less than the initial index level, but not by more than 20%), $1,000 or If the index return is zero or negative but not below -20% (the final index level is equal to the initial
Product of (a) $1,000 times (b) 2 times (c) the index return, subject to the maximum settlement amount If the index return is positive (the final index level is greater than the initial index level), the sum of (i) $1,000 plus (ii) the At maturity, for each $1,000 face amount of your notes, you will receive an amount in cash equal to: Percentage increase or decrease in the final index level from the initial index level. To determine your payment at maturity, we will calculate the index return, which is the Significant portion of the face amount of your notes. Initial index level, the return on your notes will be negative and you will lose 1.25% of the face amount of your notes for every 1% that the final index level has declined below 80% of the initial index level. If the final index level declines by more than 20% from the Up to 20% from the initial index level, you will receive the face amount of your notes. Level of 1,550.011, the return on your notes will be positive and will equal 2 times the index return, subject to the maximum settlement amount of $1,283 for each $1,000 face amount of your notes. If the final index level on the determination date is greater than the initial index The amount that you will be paid on your notes on the stated maturityĭate (January 7, 2021) is based on the performance of the Russell 2000 ® Index as measured from the trade date (January 2,Ģ018) to and including the determination date (January 4, 2021).