New Issue: GS Finance sells $7.3 million leveraged buffered notes on iShares EAFE

By Marisa Wong

Morgantown, W.Va., Aug. 17 – GS Finance Corp. priced $7.3 million of 0% leveraged buffered notes due Aug. 13, 2019 tied 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 fund return is positive, the payout at maturity will be par plus 150% of the fund return, subject to a maximum payment of $1,213 per $1,000 principal amount. Investors will receive par if the fund falls by up to 20% and lose 1.25% for every 1% decline in the fund beyond 20%.

Goldman, Sachs & Co. is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered notes
Underlying fund: iShares MSCI EAFE ETF
Amount:	$7.3 million
Maturity:	Aug. 13, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If fund return is positive, par plus 150% of fund return, subject to maximum payment of $1,213 per $1,000 principal amount; par if fund falls by up to 20%; 1.25% loss for every 1% decline in fund beyond 20%
Initial price:	$67.49
Pricing date:	Aug. 8
Settlement date:	Aug. 14
Underwriter:	Goldman, Sachs & Co.
Fees:	0.15%
Cusip:	40054LPC2

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