New Issue: GS Finance prices $5.25 million trigger digital notes on MSCI EAFE ETF

By Devika Patel

Knoxville, Tenn., Nov. 18 – GS Finance Corp. priced $5.25 million of 0% trigger digital notes due Oct. 19, 2018 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the final share price is greater than or equal to the downside threshold, 70% of the initial share price, the payout at maturity will be par of $10 plus 12.55%. If the final share price is less than the downside threshold, investors will lose 1% for each 1% decline.

Goldman, Sachs & Co. is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Trigger digital notes
Underlying ETF:	iShares MSCI EAFE
Amount:	$5.25 million
Maturity:	Oct. 19, 2018
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If final share price is greater than or equal to downside threshold, par plus 12.55%; otherwise, 1% loss for each 1% decline
Initial share price:	$56.39
Downside threshold	$39.47, 70% of initial share price
Pricing date:	Nov. 16
Settlement date:	Nov. 21
Underwriter:	Goldman, Sachs & Co.
Fees:	1.15%
Cusip:	36251U293

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