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Published on 8/29/2014 in the Prospect News Structured Products Daily.

New Issue: Goldman prices $1.9 million trigger performance notes on iShares EAFE

By Marisa Wong

Madison, Wis., Aug. 29 – Goldman Sachs Group, Inc. priced $1.9 million of 0% trigger performance securities due Aug. 30, 2019 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 with the Securities and Exchange Commission.

If the fund return is positive, the payout at maturity will be par of $10 plus 1.49 times the fund return.

Investors will receive par if the fund falls by 25% or less and will be fully exposed to losses from the initial level if it falls by more than 25%.

Goldman Sachs & Co. is the agent.

Issuer:Goldman Sachs Group, Inc.
Issue:Trigger performance securities
Underlying fund:iShares MSCI EAFE
Amount:$1,899,540
Maturity:Aug. 30, 2019
Coupon:0%
Price:Par of $10
Payout at maturity:Par plus 1.49 times any fund gain; par if fund falls by 25% or less; full exposure to losses if fund finishes below trigger level
Initial share price:$66.91
Trigger price:$50.18, 75% of initial level
Pricing date:Aug. 26
Settlement date:Aug. 29
Agent:Goldman Sachs & Co.
Fees:3.85%
Cusip:38148C700

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