New Issue: Goldman prices $6.89 million trigger performance securities on S&P 500

By Jennifer Chiou

New York, July 31 – Goldman Sachs Group, Inc. priced $6,885,300 of 0% trigger performance securities due July 31, 2019 linked to the S&P 500 index, according to a 424B2 with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 115.5% of the index return. Investors will receive par if the index falls by 40% or less and will be fully exposed to losses from the initial level if it falls by more than 40%.

Goldman Sachs & Co. is the agent.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Trigger performance securities
Underlying index:	S&P 500
Amount:	$6,885,300
Maturity:	July 31, 2019
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 115.5% of any index gain; par if index falls by 40% or less; full exposure to losses if index finishes below trigger level
Initial index level:	1,978.91
Trigger level:	1,187.346, 60% of initial level
Pricing date:	July 28
Settlement date:	July 31
Agent:	Goldman Sachs & Co.
Fees:	3.85%
Cusip:	38148C635

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