New Issue: Goldman prices $7.74 million PLUS linked to Energy Select Sector SPDR

By Angela McDaniels

Tacoma, Wash., Dec. 9 – Goldman Sachs Group, Inc. priced $7.74 million of 0% Performance Leveraged Upside Securities due Dec. 7, 2018 linked to the Energy Select Sector SPDR fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the fund’s return is positive, the payout at maturity will be par of $10 plus 200% of the fund’s return, subject to a maximum return of 70%. Investors will be exposed to the losses if the fund declines.

Goldman Sachs & Co. is the underwriter. Morgan Stanley Wealth Management is acting as dealer.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Performance Leveraged Upside Securities
Underlying fund: Energy Select Sector SPDR fund
Amount:	$7,738,660
Maturity:	Dec. 7, 2018
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Par plus 200% of any fund gain, capped at 70%; full exposure to any fund decline
Initial share price:	$64.74
Pricing date:	Dec. 4
Settlement date:	Dec. 9
Underwriter:	Goldman Sachs & Co.
Dealer:	Morgan Stanley Wealth Management
Fees:	3.175%
Cusip:	38148X647

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