New Issue: GS Finance prices $2.84 million trigger notes linked to S&P 500 index

By Devika Patel

Knoxville, Tenn., Nov. 22 – GS Finance Corp. priced $2.84 million of 0% trigger notes due May 23, 2018 linked to the S&P 500 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 plus the return if the index return is positive. The payout will be par if the index finishes at or below its initial level but at or above the 83.5% buffer level.

If the index finishes below 83.5% of the initial index, 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 notes
Underlying index:	S&P 500
Amount:	$2.84 million
Maturity:	May 23, 2018
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If index level is positive, par plus return; par if the index falls by up to 16.5%; otherwise, 1% loss for each 1% decline
Initial index level:	2,181.90
Final level:	Average of index closing levels on the five trading days ending May 18, 2018
Pricing date:	Nov. 18
Settlement date:	Nov. 23
Agent:	Goldman, Sachs & Co.
Fees:	1.4%
Cusip:	40054KPX8

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