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Published on 8/2/2018 in the Prospect News Structured Products Daily.

New Issue: GS Finance sells $1 million leveraged index-linked notes on Nasdaq-100

By Sarah Lizee

Olympia, Wash., Aug. 2 – GS Finance Corp. priced $1 million of 0% leveraged index-linked notes due Aug. 29, 2019 tied to the Nasdaq-100 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 2 times the index return, up to a maximum payment of $1,169 for each $1,000 of notes.

If the index declines, investors will receive par plus the index return with full exposure to losses.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. is the underwriter.

Issuer:GS Finance Corp.
Issue:Leveraged index-linked notes
Underlying index:Nasdaq-100 index
Amount:$1 million
Maturity:Aug. 29, 2019
Coupon:0%
Price:Par
Payout at maturity:If the index return is positive, par plus 2 times the index return, up to a maximum payment of $1,169 for each $1,000 of notes; if index declines, par plus the index return with full exposure to losses
Initial index level:7,296.781
Pricing date:July 27
Settlement date:Aug. 3
Underwriter:Goldman Sachs & Co.
Fees:0.91%
Cusip:40055QND0

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