New Issue: GS Finance sells $2.86 million capped airbag gears tied to MSCI EAFE

By Marisa Wong

Los Angeles, Oct. 12 – GS Finance Corp. priced $2.86 million of 0 % capped airbag gears due Sept. 30, 2021 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index return is positive, the payout at maturity will be par plus 1.5 times the index return, subject to a maximum settlement amount of $11.27 per $10 note. Investors will receive par if the index falls by up to 10% and will lose 1.1111% for each 1% index decline beyond 10%.

Goldman Sachs & Co. LLC is the underwriter with UBS Financial Services Inc. as selling agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Capped airbag gears
Underlying index:	MSCI EAFE index
Amount:	$2,858,000
Maturity:	Sept. 30, 2021
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 1.5 times any index gain, capped at par plus 12.7%; par if the index falls by up to 10%; 1.1111% loss for each 1% index decline beyond 10%
Initial index level:	1,830.99
Pricing date:	Sept. 25
Settlement date:	Sept. 30
Underwriter:	Goldman Sachs & Co. LLC
Selling agent:	UBS Financial Services Inc.
Fees:	0.1%
Cusip:	36259L782

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