New Issue: GS Finance sells $1.05 million leveraged buffered notes linked to iShares MSCI EAFE

By Wendy Van Sickle

Columbus, Ohio, July 24 – GS Finance Corp. priced $1.05 million of 0% leveraged buffered notes due Nov. 7, 2019 tied to the iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the ETF return is positive, the payout at maturity will be par plus 200% of the ETF return, up to $1,112 per $1,000 of notes. Investors will receive par if the ETF falls by up to 15% and lose 1% for every 1% decline in the ETF beyond 15%.

Goldman, Sachs & Co. is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered notes
Underlying ETF:	iShares MSCI EAFE ETF
Amount:	$1,054,000
Maturity:	Nov. 7, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If ETF return is positive, par plus 200% of ETF return up to $1,112 per $1,000 of notes; par if ETF falls by up to 15%; 1% loss for every 1% decline in ETF beyond 15%
Initial ETF level:	$66.36
Pricing date:	July 2
Settlement date:	July 6
Underwriter:	Goldman, Sachs & Co.
Fees:	0.1%
Cusip:	40055QFF4

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