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Published on 11/3/2016 in the Prospect News Structured Products Daily.

New Issue: Goldman prices $5.89 million 10-year trigger gears linked to Solactive Eurozone 50

By Susanna Moon

Chicago, Nov. 3 – GS Finance Corp. priced $5.89 million of 0% trigger gears due Oct. 30, 2026 linked to the Solactive Eurozone 50 Equal Weight 5% AR index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

The payout at maturity will be par of $10 plus 3.57 times any index gain.

Investors will receive par if the index falls by up to 30% and will be fully exposed to any losses if the index finishes below 70% trigger level.

Goldman Sachs & Co. is the underwriter.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Trigger gears
Underlying index:Solactive Eurozone 50 Equal Weight 5% AR
Amount:$5,885,500
Maturity:Oct. 30, 2026
Coupon:0%
Price:Par
Payout at maturity:Par plus 3.57 times any index gain; par if the index falls by up to 30%; full exposure to any losses if the index finishes below 70% trigger level
Initial level:90.59
Trigger level:63.41, 70% of initial level
Pricing date:Oct. 27
Settlement date:Oct. 31
Agent:Goldman Sachs & Co.
Fees:5.4%
Cusip:36250Y833

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