New Issue: Goldman Sachs prices $4.17 million return optimization notes on iShares MSCI EAFE

By Toni Weeks

San Luis Obispo, Calif., Dec. 23 – Goldman Sachs Group, Inc. priced $4.17 million of 0% return optimization securities due Feb. 25, 2016 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

If the fund return is positive, the payout at maturity will be par plus 300% of the fund return, subject to a maximum settlement amount of $11.475 per $10 principal amount. Investors will be fully exposed to any decline in the fund.

Goldman Sachs & Co. is the agent.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Return optimization securities
Underlying fund:	iShares MSCI EAFE ETF
Amount:	$4,165,000
Maturity:	Feb. 25, 2016
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any gain in the fund, subject to a maximum return of 14.75%; full exposure to losses
Initial price:	$61.70
Pricing date:	Dec. 19
Settlement date:	Dec. 24
Agent:	Goldman Sachs & Co.
Fees:	2.1%
Cusip:	38148K751

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