Obbligazione Goldman & Sachs 3% ( US38150A5C50 ) in USD

Goldman & Sachs

97.2 USD ⇌

Stati Uniti

US38150A5C50 ( in USD )

3% per anno ( pagato 2 volte l'anno)

15/11/2026

Prospetto opuscolo dell'obbligazione Goldman Sachs US38150A5C50 en USD 3%, scadenza 15/11/2026

1 000 USD

687 000 USD

38150A5C5

BBB+ ( Lower medium grade - Investment-grade )

A2 ( Upper medium grade - Investment-grade )

15/11/2025 ( In 118 giorni )

Goldman Sachs è una banca d'investimento multinazionale americana che offre servizi di investimento bancario, gestione patrimoniale e trading a clienti istituzionali e privati.

Il mercato finanziario presenta un'obbligazione corporate emessa da Goldman Sachs, una delle più prestigiose e influenti banche d'investimento globali, fondata nel 1869 e con sede a New York, operante nei settori dei servizi finanziari, investment banking, gestione titoli e asset, e banking al consumo; identificata dal codice ISIN US38150A5C50 e dal codice CUSIP 38150A5C5, questa emissione, originata dagli Stati Uniti, è attualmente quotata al 97.2% del suo valore nominale in USD; il titolo offre un tasso di interesse nominale annuo del 3% con pagamenti cedolari semestrali, ha una scadenza fissata al 15 novembre 2026, e fa parte di un'emissione complessiva di 687.000 con un taglio minimo di acquisto di 1.000; la solidità creditizia dell'emittente è attestata da rating favorevoli, con una valutazione 'BBB+' da parte di Standard & Poor's e un 'A2' da Moody's.

Pricing Supplement No. 77 dated November 13, 2017
424B2 1 d497980d424b2.htm PRICING SUPPLEMENT NO. 77 DATED NOVEMBER 13, 2017
Table of Contents
Filed Pursuant to Rule 424(b)(2)
Registration Statement No. 333-219206

$687,000

T he Goldm a n Sa c hs Group, I nc .

Callable Fixed Rate Notes due 2026

We will pay you interest monthly on your notes at a rate of 3.00% per annum from and including November 16, 2017 to
but excluding the stated maturity date (November 15, 2026). Interest will be paid on the 15th day of each month. The first such
payment will be made on December 15, 2017.
I n a ddit ion, w e m a y re de e m t he not e s a t our opt ion, in w hole but not in pa rt , on t he 1 5 t h da y of e a c h
m ont h on or a ft e r N ove m be r 1 5 , 2 0 2 5 , upon a t le a st five busine ss da ys' prior not ic e , a t a re de m pt ion pric e
e qua l t o 1 0 0 % of t he out st a nding princ ipa l a m ount plus a c c rue d a nd unpa id int e re st t o but e x c luding t he
re de m pt ion da t e .
T he not e s a re not subje c t t o a survivor's opt ion t o re que st re pa ym e nt prior t o t he st a t e d m a t urit y
da t e upon t he de a t h of a be ne fic ia l ow ne r.

Per Note
Total

Initial price to public

100% $687,000
Underwriting discount

2.05% $14,083.50
Proceeds, before expenses, to The Goldman Sachs Group, Inc.

97.95% $672,916.50

The initial price to public set forth above does not include accrued interest, if any. Interest on the notes will accrue from
November 16, 2017 and must be paid by the purchaser if the notes are delivered after November 16, 2017. In addition to offers
and sales at the initial price to public, the underwriters may offer the notes from time to time for sale in one or more transactions at
market prices prevailing at the time of sale, at prices related to market prices or at negotiated prices.
The return (whether positive or negative) on your investment in notes will depend in part on the issue price you pay for
such notes.
N e it he r t he Se c urit ie s a nd Ex c ha nge Com m ission nor a ny ot he r re gula t ory body ha s a pprove d or
disa pprove d of t he se se c urit ie s or pa sse d upon t he a c c ura c y or a de qua c y of t his prospe c t us. Any
re pre se nt a t ion t o t he c ont ra ry is a c rim ina l offe nse .
T he not e s a re not ba nk de posit s a nd a re not insure d by t he Fe de ra l De posit I nsura nc e Corpora t ion
or a ny ot he r gove rnm e nt a l a ge nc y, nor a re t he y obliga t ions of, or gua ra nt e e d by, a ba nk .

Goldman Sachs may use this prospectus in the initial sale of the notes. In addition, Goldman Sachs & Co. LLC or any
other affiliate of Goldman Sachs may use this prospectus in a market-making transaction in the notes after their initial sale. Unless
Goldman Sachs or its agent informs the purchaser otherwise in the confirmation of sale, this prospectus is being used in a market-
making transaction.

Goldm a n Sa c hs & Co. LLC

I nc a pit a l LLC

Pricing Supplement No. 77 dated November 13, 2017.
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Pricing Supplement No. 77 dated November 13, 2017
Table of Contents

About Y our Prospe c t us
The notes are part of the Medium-Term Notes, Series N program of The Goldman Sachs Group, Inc. This prospectus includes
this pricing supplement and the accompanying documents listed below. This pricing supplement constitutes a supplement to the
documents listed below and should be read in conjunction with such documents:

·
Prospectus supplement dated July 10, 2017

·
Prospectus dated July 10, 2017
The information in this pricing supplement supersedes any conflicting information in the documents listed above. In addition, some
of the terms or features described in the listed documents may not apply to your notes.

PS-2
Table of Contents
SPECI FI C T ERM S OF T H E N OT ES

Please note that in this section entitled "Specific Terms of the Notes", references to "The Goldman Sachs Group, Inc.",
"we", "our" and "us" mean only The Goldman Sachs Group, Inc. and do not include any of its consolidated subsidiaries.
Also, in this section, references to "holders" mean The Depository Trust Company (DTC) or its nominee and not
indirect owners who own beneficial interests in notes through participants in DTC. Please review the special
considerations that apply to indirect owners in the accompanying prospectus, under "Legal Ownership and Book-Entry
Issuance".

This pricing supplement no. 77 dated November 13, 2017 (pricing supplement) and the accompanying prospectus dated
July 10, 2017 (accompanying prospectus), relating to the notes, should be read together. Because the notes are part of a series of
our debt securities called Medium-Term Notes, Series N, this pricing supplement and the accompanying prospectus should also be
read with the accompanying prospectus supplement, dated July 10, 2017 (accompanying prospectus supplement). Terms used but
not defined in this pricing supplement have the meanings given them in the accompanying prospectus or accompanying prospectus
supplement, unless the context requires otherwise.
The notes are part of a separate series of our debt securities under our Medium-Term Notes, Series N program governed
by our Senior Debt Indenture, dated as of July 16, 2008, as amended, between us and The Bank of New York Mellon, as trustee.
This pricing supplement summarizes specific terms that will apply to your notes. The terms of the notes described here supplement
those described in the accompanying prospectus supplement and accompanying prospectus and, if the terms described here are
inconsistent with those described there, the terms described here are controlling.
T e rm s of t he Ca lla ble Fix e d Ra t e N ot e s due 2 0 2 6

I ssue r: The Goldman Sachs Group, Inc.
Re gula r re c ord da t e s: for interest due on an interest
payment date, the day immediately prior to the day on which
Princ ipa l a m ount : $687,000
payment is to be made (as such payment day may be adjusted
Spe c ifie d c urre nc y: U.S. dollars ($)
under the applicable business day convention specified below)
T ype of N ot e s: Fixed rate notes (notes)
Da y c ount c onve nt ion: 30/360 (ISDA), as further discussed
under "Additional Information About the Notes -- Day Count
De nom ina t ions: $1,000 and integral multiples of $1,000 in
Convention" on page PS-5 of this pricing supplement
excess thereof
Busine ss da y: New York
T ra de da t e : November 13, 2017
Busine ss da y c onve nt ion: following unadjusted
Origina l issue da t e : November 16, 2017
Re de m pt ion a t opt ion of issue r be fore st a t e d
St a t e d m a t urit y da t e : November 15, 2026
m a t urit y: We may redeem the notes at our option, in whole
I nt e re st ra t e : 3.00% per annum
but not in part, on the 15th day of each month on or after
November 15, 2025, upon at least five business days' prior
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Pricing Supplement No. 77 dated November 13, 2017
Supple m e nt a l disc ussion of U .S. fe de ra l inc om e t a x
notice, at a redemption price equal to 100% of the outstanding
c onse que nc e s: It is the opinion of Sidley Austin LLP that
principal amount plus accrued and unpaid interest to but
interest on a note will be taxable to a U.S. holder as ordinary
excluding the redemption date
interest income at the time it accrues or is received in
accordance with the U.S. holder's normal method of
N o survivor's opt ion: the notes are not subject to
accounting for tax purposes (regardless of whether we call the
repayment prior to the stated maturity upon the death of a
notes). Upon the disposition of a note by sale, exchange,
beneficial owner
redemption or retirement (i.e., if we exercise our right to call
Lim it e d e ve nt s of de fa ult : The only events of default for
the notes or otherwise) or other disposition, a U.S. holder will
the notes are (i) interest or principal payment defaults that
generally recognize capital gain or loss equal to the difference,
continue for 30 days and (ii) certain insolvency events. No other
if any, between (i) the amount realized on the disposition
breach or default under our senior debt indenture or the notes
(other than amounts attributable to accrued but unpaid interest,
will result in an event of default for the notes or permit the
which would be treated as such) and (ii) the U.S. holder's
trustee or holders to accelerate the maturity of any debt
adjusted tax basis in the note.
securities that is, they will not be entitled to declare the
I nt e re st pa ym e nt da t e s: the 15th day of each month,
principal
commencing on December 15, 2017 and ending on the stated
maturity date

PS-3
Table of Contents
amount of any notes to be immediately due and payable. See
·
covenant defeasance -- i.e., our right to be relieved of
"Risks Relating to Regulatory Resolution Strategies and Long-

specified provisions of the note by placing funds in trust
Term Debt Requirements" and "Description of Debt Securities
for the holder: yes
We May Offer -- Default, Remedies and Waiver of Default --
Securities Issued on or After January 1, 2017 under the 2008
FDI C: The notes are not bank deposits and are not insured by
Indenture" in the accompanying prospectus for further details.
the Federal Deposit Insurance Corporation or any other
governmental agency, nor are they obligations of, or guaranteed
List ing: None
by, a bank
ERI SA: as described under "Employee Retirement Income
Ca lc ula t ion Age nt : Goldman Sachs & Co. LLC
Security Act" on page 119 of the accompanying prospectus
Fore ign Ac c ount T a x Com plia nc e Ac t (FAT CA)
CU SI P no.: 38150A5C5
Wit hholding M a y Apply t o Pa ym e nt s on Y our N ot e s,
I nc luding a s a Re sult of t he Fa ilure of t he Ba nk or
I SI N no.: US38150A5C50
Brok e r T hrough Whic h Y ou H old t he N ot e s t o
Provide I nform a t ion t o T a x Aut horit ie s:
Form of not e s: Your notes will be issued in book-entry form
and represented by a master global note. You should read the
Please see the discussion under "United States Taxation --
section "Legal Ownership and Book-Entry Issuance" in the
Taxation of Debt Securities -- Foreign Account Tax Compliance
accompanying prospectus for more information about notes
Act (FATCA) Withholding" in the accompanying prospectus for a
issued in book-entry form
description of the applicability of FATCA to payments made on
your notes.
De fe a sa nc e a pplie s a s follow s:

·
full defeasance -- i.e., our right to be relieved of all our

obligations on the note by placing funds in trust for the
holder: yes

PS-4
Table of Contents
ADDI T I ON AL I N FORM AT I ON ABOU T T H E N OT ES
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Pricing Supplement No. 77 dated November 13, 2017
Book-Entry System
We will issue the notes as a master global note registered in the name of DTC, or its nominee. The sale of the notes will
settle in immediately available funds through DTC. You will not be permitted to withdraw the notes from DTC except in the limited
situations described in the accompanying prospectus under "Legal Ownership and Book-Entry Issuance -- What Is a Global
Security? -- Holder's Option to Obtain a Non-Global Security; Special Situations When a Global Security Will Be Terminated".
Investors may hold interests in a master global note through organizations that participate, directly or indirectly, in the DTC system.
In addition to this pricing supplement, the following provisions are hereby incorporated into the global master note: the
description of New York business day appearing under "Description of Debt Securities We May Offer -- Calculations of Interest on
Debt Securities -- Business Days" in the accompanying prospectus, the description of the following unadjusted business day
convention appearing under "Description of Debt Securities We May Offer -- Calculations of Interest on Debt Securities --
Business Day Conventions" in the accompanying prospectus and the section "Description of Debt Securities We May Offer --
Defeasance and Covenant Defeasance" in the accompanying prospectus.
Day Count Convention
As further described under "Description of Debt Securities We May Offer Calculations of Interest on Debt Securities
Interest Rates and Interest" in the accompanying prospectus, for each interest period the amount of accrued interest will be
calculated by multiplying the principal amount of the note by an accrued interest factor for the interest period. The accrued interest
factor will be determined by multiplying the per annum interest rate by a factor resulting from the 30/360 (ISDA) day count
convention. The factor is the number of days in the interest period in respect of which payment is being made divided by 360,
calculated on a formula basis as follows:

[360 × (Y2 Y1)] + [30 × (M2 M1)] + (D2 D1)

360

w he re :
"Y1" is the year, expressed as a number, in which the first day of the interest period falls;
"Y2" is the year, expressed as a number, in which the day immediately following the last day included in the interest
period falls;
"M1" is the calendar month, expressed as a number, in which the first day of the interest period falls;
"M2" is the calendar month, expressed as a number, in which the day immediately following the last day included in the
interest period falls;
"D1" is the first calendar day, expressed as a number, of the interest period, unless such number would be 31, in which
case D1 will be 30; and
"D2" is the calendar day, expressed as a number, immediately following the last day included in the interest period, unless
such number would be 31 and D1 is greater than 29, in which case D2 will be 30.
When We Can Redeem the Notes
We will be permitted to redeem the notes at our option before their stated maturity, as described below. The notes will not
be entitled to the benefit of any sinking fund that is, we will not deposit money on a regular basis into any separate custodial
account to repay your note. In addition, you will not be entitled to require us to buy your note from you before its stated maturity.
We will have the right to redeem the notes at our option, in whole but not in part, on the 15th day of each month on or
after November 15, 2025, at a redemption price equal to 100% of the outstanding principal amount plus accrued and unpaid
interest to but excluding the redemption date. We will provide not less than

PS-5
Table of Contents
five business days' prior notice in the manner described under "Description of Debt Securities We May Offer -- Notices" in the
attached prospectus. If the redemption notice is given and funds deposited as required, then interest will cease to accrue on and
after the redemption date on the notes. If any redemption date is not a business day, we will pay the redemption price on the next
business day without any interest or other payment due to the delay.
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Pricing Supplement No. 77 dated November 13, 2017
What are the Tax Consequences of the Notes
You should carefully consider, among other things, the matters set forth under "United States Taxation" in the
accompanying prospectus supplement and the accompanying prospectus. The following discussion summarizes certain of the
material U.S. federal income tax consequences of the purchase, beneficial ownership, and disposition of each of the notes. This
summary supplements the section "United States Taxation" in the accompanying prospectus supplement and the accompanying
prospectus and is subject to the limitations and exceptions set forth therein.
Interest on a note will be taxable to a U.S. holder as ordinary interest income at the time it accrues or is received in
accordance with the U.S. holder's normal method of accounting for tax purposes.
Upon the disposition of a note by sale, exchange, redemption or retirement (i.e., if we exercise our right to call the notes
or otherwise) or other disposition, a U.S. holder will generally recognize capital gain or loss equal to the difference, if any, between
(i) the amount realized on the disposition (other than amounts attributable to accrued but unpaid interest, which would be treated
as such) and (ii) the U.S. holder's adjusted tax basis in the note. A U.S. holder's adjusted tax basis in a note generally will equal
the cost of the note (net of accrued interest) to the U.S. holder. The deductibility of capital losses is subject to significant limitations.
Foreign Account Tax Compliance Act (FATCA) Withholding. Pursuant to Treasury regulations, Foreign Account Tax
Compliance Act (FATCA) withholding (as described in "United States Taxation -- Taxation of Debt Securities -- Foreign Account
Tax Compliance Act (FATCA) Withholding" in the accompanying prospectus) will generally apply to obligations that are issued on or
after July 1, 2014; therefore, the notes will generally be subject to FATCA withholding. However, according to published guidance,
the withholding tax described above will not apply to payments of gross proceeds from the sale, exchange, redemption or other
disposition of the notes made before January 1, 2019.

PS-6
Table of Contents
SU PPLEM EN T AL PLAN OF DI ST RI BU T I ON
The Goldman Sachs Group, Inc. and the underwriters for this offering named below have entered into a distribution
agreement with respect to the notes. Subject to certain conditions, each underwriter named below has severally agreed to
purchase the principal amount of notes indicated in the following table.

Princ ipa l Am ount of
U nde rw rit e rs

N ot e s

Goldman Sachs & Co. LLC

$
344,000
Incapital LLC

343,000

Total

$
687,000

Notes sold by the underwriters to the public will initially be offered at the initial price to public set forth on the cover of this
pricing supplement. The underwriters intend to purchase the notes from The Goldman Sachs Group, Inc. at a purchase price equal
to the initial price to public less a discount of 2.05% of the principal amount of the notes. Any notes sold by the underwriters to
securities dealers may be sold at a discount from the initial price to public of up to 1.65% of the principal amount of the notes. If all
of the offered notes are not sold at the initial price to public, the underwriters may change the offering price and the other selling
terms. In addition to offers and sales at the initial price to public, the underwriters may offer the notes from time to time for sale in
one or more transactions at market prices prevailing at the time of sale, at prices related to market prices or at negotiated prices.
Please note that the information about the initial price to public and net proceeds to The Goldman Sachs Group, Inc. on
the front cover page relates only to the initial sale of the notes. If you have purchased a note in a market-making transaction by
Goldman Sachs & Co. LLC or any other affiliate of The Goldman Sachs Group, Inc. after the initial sale, information about the price
and date of sale to you will be provided in a separate confirmation of sale.
Each underwriter has represented and agreed that it will not offer or sell the notes in the United States or to United States
persons except if such offers or sales are made by or through FINRA member broker-dealers registered with the U.S. Securities
and Exchange Commission.
The Goldman Sachs Group, Inc. estimates that its share of the total offering expenses, excluding underwriting discounts
and commissions, whether paid to Goldman Sachs & Co. LLC or any other underwriter, will be approximately $15,000.
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Pricing Supplement No. 77 dated November 13, 2017
We will deliver the notes against payment therefor in New York, New York on November 16, 2017, which is the third
scheduled business day following the date of this pricing supplement and of the pricing of the notes. Under Rule 15c6-1 of the
Securities Exchange Act of 1934, trades in the secondary market generally are required to settle in two business days, unless the
parties to any such trade expressly agree otherwise. Accordingly, purchasers who wish to trade notes on any date prior to two
business days before delivery will be required, by virtue of the fact that the notes will initially settle in three business days (T + 3),
to specify alternative settlement arrangements to prevent a failed settlement.
The provision regarding the market-making activities of Goldman Sachs & Co. LLC described under "Plan of Distribution--
Market-Making Resales by Affiliates" on page 118 of the accompanying prospectus does not apply to the notes. Goldman Sachs &
Co. LLC does not intend to make a market in these notes. However, in the future, Goldman Sachs & Co. LLC or other affiliates of
The Goldman Sachs Group, Inc. may decide to repurchase and resell the notes in market-making transactions, with resales being
made at prices related to prevailing market prices at the time of resale or at negotiated prices. For more information about the plan
of distribution and possible market-making activities, see "Plan of Distribution" in the accompanying prospectus and "Supplemental
Plan of Distribution" in the accompanying prospectus supplement.
The notes are a new issue of securities with no established trading market. The Goldman Sachs Group, Inc. has been
advised by Incapital LLC that it intends to make a market in the notes. Incapital LLC is not obligated to do so and may discontinue
market-making at any time without notice. No assurance can be given as to the liquidity of the trading market for the notes.

PS-7
Table of Contents
The Goldman Sachs Group, Inc. has agreed to indemnify the several underwriters against certain liabilities, including
liabilities under the Securities Act of 1933.
Certain of the underwriters and their affiliates have in the past provided, and may in the future from time to time provide,
investment banking and general financing and banking services to The Goldman Sachs Group, Inc. and its affiliates, for which they
have in the past received, and may in the future receive, customary fees. The Goldman Sachs Group, Inc. and its affiliates have in
the past provided, and may in the future from time to time provide, similar services to the underwriters and their affiliates on
customary terms and for customary fees. Goldman Sachs & Co. LLC, one of the underwriters, is an affiliate of The Goldman Sachs
Group, Inc. Please see "Plan of Distribution--Conflicts of Interest" on page 118 of the accompanying prospectus.
CON FLI CT S OF I N T EREST
Goldman Sachs & Co. LLC is an affiliate of The Goldman Sachs Group, Inc. and, as such, will have a "conflict of interest"
in this offering of notes within the meaning of Financial Industry Regulatory Authority, Inc. (FINRA) Rule 5121. Consequently, this
offering of notes will be conducted in compliance with the provisions of FINRA Rule 5121. Goldman Sachs & Co. LLC will not be
permitted to sell notes in this offering to an account over which it exercises discretionary authority without the prior specific written
approval of the account holder.

PS-8
Table of Contents
V ALI DI T Y OF T H E N OT ES
In the opinion of Sidley Austin LLP, as counsel to The Goldman Sachs Group, Inc., when the notes offered by this pricing
supplement have been executed and issued by The Goldman Sachs Group, Inc. and authenticated by the trustee pursuant to the
indenture, and delivered against payment as contemplated herein, such notes will be valid and binding obligations of The Goldman
Sachs Group, Inc., enforceable in accordance with their terms, subject to applicable bankruptcy, insolvency and similar laws
affecting creditors' rights generally, concepts of reasonableness and equitable principles of general applicability (including, without
limitation, concepts of good faith, fair dealing and the lack of bad faith), provided that such counsel expresses no opinion as to the
effect of fraudulent conveyance, fraudulent transfer or similar provision of applicable law on the conclusions expressed above. This
opinion is given as of the date hereof and is limited to the laws of the State of New York and the General Corporation Law of the
State of Delaware as in effect on the date hereof. In addition, this opinion is subject to customary assumptions about the trustee's
authorization, execution and delivery of the indenture dated July 10, 2017, which has been filed as Exhibit 5.5 to The Goldman
Sachs Group, Inc.'s registration statement on Form S-3 filed with the Securities and Exchange Commission on July 10, 2017.
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Pricing Supplement No. 77 dated November 13, 2017

PS-9
Table of Contents

We have not authorized anyone to provide any information or to make any
representations other than those contained or incorporated by reference in this
pricing supplement, the accompanying prospectus supplement or the
accompanying prospectus. We take no responsibility for, and can provide no
assurance as to the reliability of, any other information that others may give you.
This pricing supplement, the accompanying prospectus supplement and the
accompanying prospectus is an offer to sell only the notes offered hereby, but
only under circumstances and in jurisdictions where it is lawful to do so. The

information contained in this pricing supplement, the accompanying prospectus
supplement and the accompanying prospectus is current only as of the respective
dates of such documents.

TABLE OF CONTENTS
$687,000
Pricing Supplement

Pa ge
Specific Terms of the Notes

PS-3
Additional Information About the Notes

PS-5
Supplemental Plan of Distribution

PS-7
Conflicts of Interest

PS-8
T he Goldm a n Sa c hs Group, I nc .
Validity of the Notes

PS-9
Prospectus Supplement dated July 10, 2017

Use of Proceeds

S-2
Callable Fixed Rate
Description of Notes We May Offer

S-3
Notes due 2026
Considerations Relating to Indexed Notes

S-20
United States Taxation

S-23
Employee Retirement Income Security Act

S-24

Supplemental Plan of Distribution

S-25
Validity of the Notes

S-27
Prospectus dated July 10, 2017

Available Information

2
Prospectus Summary

4

Risks Relating to Regulatory Resolution Strategies and Long-
Term Debt Requirements

8
Use of Proceeds

13

Description of Debt Securities We May Offer

14

Description of Warrants We May Offer

45
Description of Purchase Contracts We May Offer

61
Description of Units We May Offer

66
Description of Preferred Stock We May Offer

71
Description of Capital Stock of The Goldman Sachs Group, Inc.

79
Legal Ownership and Book-Entry Issuance

84
Considerations Relating to Floating Rate Securities

89
Considerations Relating to Indexed Securities

90

Considerations Relating to Securities Denominated or Payable in

or Linked to a Non-U.S. Dollar Currency

91
United States Taxation

94
Plan of Distribution

116
Conflicts of Interest

118
Employee Retirement Income Security Act

119
Validity of the Securities

120
Experts

120
Review of Unaudited Condensed Consolidated Financial
Statements by Independent Registered Public Accounting Firm
121
Goldm a n Sa c hs & Co. LLC
Cautionary Statement Pursuant to the Private Securities
Litigation Reform Act of 1995

121
I nc a pit a l LLC

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Pricing Supplement No. 77 dated November 13, 2017

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Document Outline

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