By Susanna Moon
Chicago, Nov. 30 – GS Finance Corp. priced $2.45 million of 0% digital notes due May 13, 2020 tied to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If the index finishes at or above its 85% threshold, the payout at maturity will be the maximum settlement amount of $1,080 per $1,000 principal amount.
Otherwise, investors will lose 1.1765% for each 1% decline beyond 15%.
Goldman Sachs & Co. is the underwriter.
| Issuer: | GS Finance Corp.
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| Guarantor: | Goldman Sachs Group, Inc.
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| Issue: | Digital notes
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| Underlying index: | MSCI EAFE
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| Amount: | $2.45 million
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| Maturity: | May 13, 2020
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index gains or falls by up to 15%, par plus 8%; otherwise, 1.1765% loss per 1% decline beyond 15%
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| Initial level: | 1,840.67
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| Pricing date: | Nov. 9
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| Settlement date: | Nov. 19
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| Underwriter: | Goldman Sachs & Co.
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| Fees: | 1.35%
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| Cusip: | 40056EFN3
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