New York, July 21 – Goldman Sachs Group, Inc. priced $4.42 million of 0% autocallable index-linked notes due July 17, 2020 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be called at par plus a 13% annualized premium if the index closes at or above its initial index levels on the annual call dates of July 27, 2018 and July 12, 2019.
If the notes are not called, the payout at maturity will be par plus 39% if the average level of the index on July 8, 9, 10, 13 and 14, 2020 is above its initial level.
If the index falls by up to 20%, the payout at maturity will be par.
If the index falls by more than 20%, investors will be exposed to the loss.
Goldman Sachs & Co. is the agent.
| Issuer: | Goldman Sachs Group, Inc.
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| Issue: | Autocallable index-linked notes
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| Underlying index: | Euro Stoxx 50
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| Amount: | $4,415,000
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| Maturity: | July 17, 2020
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If average level of index finishes at or above initial level, par plus 39%; if index falls by up to 20%, par; if index falls by more than 20%, full exposure to losses
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| Call: | At par plus 13% annualized if index closes at or above initial level on annual call dates of July | 27, 2018 and July | 12, 2019
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| Initial index levels: | 3,525.94
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| Pricing date: | July 14
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| Settlement date: | July 19
|
| Agent: | Goldman Sachs & Co.
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| Fees: | 2.175%
|
| Cusip: | 40054LL36
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