New Issue: Goldman Sachs prices $2.5 million leveraged buffered notes linked to EAFE ETF, S&P

By Angela McDaniels

Tacoma, Wash., Oct. 1– Goldman Sachs Group, Inc. priced $2.5 million of 0% leveraged buffered notes due Sept. 29, 2022 linked to a basket composed of the S&P 500 index with an 80% weight and the iShares MSCI EAFE exchange-traded fund with a 20% weight, according to a 424B2 filing with the Securities and Exchange Commission.

If the basket return is positive, the payout at maturity will be par plus 1.31 times the basket return. Investors will receive par if the basket declines by 20% or less and will lose 1% for every 1% that it declines beyond 20%.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered notes
Underliers:	S&P 500 (80% weight) and iShares MSCI EAFE ETF (20% weight)
Amount:	$2.5 million
Maturity:	Sept. 29, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus 1.31 times basket return; par if basket declines by 20% or less; 1% loss for every 1% that index declines beyond 20%
Initial levels:	1,931.34 for index and $57.46 for ETF
Pricing date:	Sept. 25
Settlement date:	Sept. 30
Underwriter:	Goldman Sachs & Co.
Fees:	3.375%
Cusip:	38148TFB0

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