By Susanna Moon
Chicago, May 31 – GS Finance Corp. priced $1.9 million of 0% leveraged buffered notes due Nov. 26, 2019 tied to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 200% of any fund gain, up to a maximum payment of $1,317 per $1,000 principal amount.
Investors will receive par if the fund falls by up to 15% and lose 1.1765% for each 1% decline beyond 15%.
The notes are guaranteed by Goldman Sachs Group, Inc.
Goldman, Sachs & Co. is the underwriter.
| Issuer: | GS Finance Corp.
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| Guarantor: | Goldman Sachs Group, Inc.
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| Issue: | Leveraged buffered notes
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| Underlying fund: | iShares MSCI EAFE ETF
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| Amount: | $1,895,000
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| Maturity: | Nov. 26, 2019
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 200% of any fund gain, capped at 31.7%; par if fund falls by up to 15%; 1.1765% loss per 1% decline beyond 15%
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| Initial price: | $66.19
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| Pricing date: | May 22
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| Settlement date: | May 24
|
| Underwriter: | Goldman, Sachs & Co.
|
| Fees: | 0.175%
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| Cusip: | 40054LD68
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