By Susanna Moon
Chicago, Oct. 30 – GS Finance Corp. priced $1.39 million of 0% Performance Leveraged Upside Securities due Feb. 5, 2020 linked to the iShares MSCI EAFE ETF, according to a 424B2 filed with the Securities and Exchange Commission.
The payout at maturity will be par plus triple any fund gain, up to a maximum payment of $11.50 per $10.00 PLUS.
Investors will be exposed to any losses.
The notes are guaranteed by Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC is the agent. Morgan Stanley Wealth Management is the dealer.
| Issuer: | GS Finance Corp.
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| Guarantor: | Goldman Sachs Group, Inc.
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| Issue: | Performance Leveraged Upside Securities
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| Underlying fund: | iShares MSCI EAFE ETF
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| Amount: | $1,391,730
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| Maturity: | Feb. 5, 2020
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 300% of any fund gain, capped at 15%; 1% loss per 1% decline
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| Initial level: | $63.38
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| Pricing date: | Oct. 18
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| Settlement date: | Oct. 23
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| Agent: | Goldman Sachs & Co. LLC
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| Fees: | 2.35%
|
| Cusip: | 36256M197
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