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Published on 12/14/2018 in the Prospect News Structured Products Daily.

New Issue: Goldman sells $70,000 leveraged buffer notes due 2021 tied to MSCI EAFE

By Susanna Moon

Chicago, Dec. 14 – GS Finance Corp. priced $70,000 of 0% leveraged buffered notes due June 2, 2021 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any index gain, up to a maximum settlement amount of $1,300 for each $1,000 principal amount.

Investors will receive par if the index falls by up to 10% and will lose 1% for each 1% decline beyond the buffer.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the underwriter.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Leveraged buffered notes
Underlying index:MSCI EAFE
Amount:$70,000
Maturity:June 2, 2021
Coupon:0%
Price:Par
Payout at maturity:Par plus 2 times any index gain, capped at 30%; par if index falls by up to 10%; otherwise, 1% loss per 1% decline beyond 10%
Initial level:1,799.77
Pricing date:Nov. 27
Settlement date:Nov. 30
Underwriter:Goldman Sachs & Co. LLC
Fees:2.925%
Cusip:40056EE53

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