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Published on 10/5/2017 in the Prospect News Structured Products Daily.

New Issue: GS Finance sells $3.29 million digital notes linked to Nasdaq-100

By Marisa Wong

Morgantown, W.Va., Oct. 5 – GS Finance Corp. priced $3.29 million of 0% digital notes due March 29, 2019 linked to the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index return is at least negative 15%, the payout at maturity will be the maximum settlement amount of $1,070 per $1,000 principal amount. Otherwise, investors will lose 1% for every 1% decline in the index beyond 15%.

Goldman, Sachs & Co. is the underwriter.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Digital notes
Underlying index:Nasdaq-100 index
Amount:$3,289,000
Maturity:March 29, 2019
Coupon:0%
Price:Par
Payout at maturity:If index return is at least negative 15%, par plus 7%; otherwise, 1% loss for every 1% decline in the index beyond 15%
Initial index level:5,881.336
Pricing date:Sept. 26
Settlement date:Sept. 29
Underwriter:Goldman, Sachs & Co.
Fees:0.4%
Cusip:40054LTZ7

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