New Issue: GS Finance prices $736,000 notes with absolute return on Stoxx Europe 600

By Wendy Van Sickle

Columbus, Ohio, Sept. 27 – GS Finance Corp. priced $736,000 of 0% notes due March 28, 2018 linked to the Stoxx Europe 600 index, according to a 424B2 filing with the Securities and Exchange Commission.

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

If the final index level is greater than the initial index level, the payout at maturity will be par plus the index return, subject to a maximum settlement amount of $1,080 per $1,000 principal amount of notes. If the index declines by 23% or less, the payout will be par plus the absolute value of the index return. If the index declines by more than 23%, investors will lose 1% for every 1% that the final index level is below the initial index level.

Goldman Sachs & Co. is the underwriter with J.P. Morgan Securities LLC as placement agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Notes with absolute return
Underlying index:	Stoxx Europe 600
Amount:	$736,000
Maturity:	March 28, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	If final index level is greater than or equal to initial index level, par plus index return, capped at 8% if index declines by up to 23%, par plus absolute value of return; otherwise, 1% loss for every 1% that final index level is less than initial index level
Initial index level:	345.34
Final index level: Average of index’s closing levels on five trading days ending March 23, 2018
Pricing date:	Sept. 23
Settlement date:	Sept. 28
Underwriter:	Goldman Sachs & Co.
Placement agent:	J.P. Morgan Securities LLC
Fees:	1.4%
Cusip:	40054KKQ8

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