New Issue: Goldman prices $5.04 million trigger performance securities on iShares MSCI EAFE

By Jennifer Chiou

New York, March 30 – Goldman Sachs Group, Inc. priced $5,041,960 of 0% trigger performance securities due March 31, 2020 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 1.46 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 underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Trigger performance securities
Underlying fund: iShares MSCI EAFE
Amount:	$5,041,960
Maturity:	March 31, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 1.46 times any fund gain; par if fund falls by 25% or less; full exposure to losses if fund finishes below trigger level
Initial fund level:	$64.98
Trigger level:	$48.74, 75% of initial level
Pricing date:	March 26
Settlement date:	March 31
Underwriter:	Goldman Sachs & Co.
Fees:	3.85%
Cusip:	38146U223

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