New Issue: GS Finance prices $1.08 million buffered ETF-linked notes tied to MSCI EAFE

By Sarah Lizee

Olympia, Wash., Oct. 16 – GS Finance Corp. priced $1.08 million of 0% buffered ETF-linked notes due Oct. 14, 2021 tied to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Goldman Sachs Group, Inc.

If the fund return is positive, the payout at maturity will be par plus the fund return, subject to a maximum payment of $1,184 per $1,000 principal amount. Investors will receive par if the fund finishes flat or falls by up to 20% and lose 1% for every 1% decline in the fund beyond 20%.

Goldman Sachs & Co. LLC. is the agent.

Issuer:	GS Finance Corp.
Issue:	Buffered ETF-linked notes
Underlying fund:	iShares MSCI EAFE ETF
Amount:	$1,079,000
Maturity:	Oct. 14, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If fund return is positive, par plus fund return, subject to maximum payment of $1,184 per $1,000 principal amount; par if fund finishes flat or falls by up to 20%;1% loss for every 1% decline in fund beyond 20%
Initial fund level:	$64.40
Buffer level:	80% of initial level
Pricing date:	Oct. 10
Settlement date:	Oct. 16
Agent:	Goldman, Sachs & Co. LLC
Fees:	0.95%
Cusip:	40056XHA7

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