New Issue: GS Finance prices $4.90 million trigger notes linked to Russell 2000

By Marisa Wong

Morgantown, W.Va., Aug. 13 – GS Finance Corp. priced $4,897,000 of 0% trigger notes due Aug. 21, 2019 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Goldman Sachs Group, Inc.

If the final index level is greater than or equal to 80% of the initial index level, the payout at maturity will be par plus the greater of the index return, capped at 12.15%, and zero.

If the final index level is less than 80% of the initial index level, investors will lose 1% for every 1% that the final index level is less than the initial index level.

Goldman, Sachs & Co. is the underwriter with JPMorgan as placement agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Trigger notes
Underlying index:	Russell 2000 index
Amount:	$4,897,000
Maturity:	Aug. 21, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If the final index level is greater than or equal to 80% of the initial index level, par plus greater of index return, capped at 12.15%, and zero; otherwise, 1% loss for every 1% that the final index level is less than the initial index level
Initial index level:	1,673.372
Final level:	Average of closing levels on five averaging dates ending Aug. 16, 2019
Pricing date:	Aug. 3
Settlement date:	Aug. 8
Underwriter:	Goldman, Sachs & Co. with JPMorgan as placement agent
Fees:	1.1%
Cusip:	40055QRF1

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