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Published on 12/1/2014 in the Prospect News Structured Products Daily.

New Issue: Goldman prices $3.31 million trigger performance notes on Euro Stoxx Low Risk Weighted 50

By Jennifer Chiou

New York, Dec. 1 – Goldman Sachs Group, Inc. priced $3,313,000 of 0% trigger performance securities due Nov. 29, 2019 linked to the Euro Stoxx Low Risk Weighted 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 180% of the index return.

If the index return is zero or negative and the index’s final level is equal to or greater than the trigger level, 75% of the initial level, the payout will be par.

If the final level is less than the trigger level, investors will be fully exposed to the decline in the index from its initial level.

Goldman, Sachs & Co. is the agent.

Issuer:Goldman Sachs Group, Inc.
Issue:Trigger performance securities
Underlying index:Euro Stoxx Low Risk Weighted 50
Amount:$3,313,000
Maturity:Nov. 29, 2019
Coupon:0%
Price:Par of $10
Payout at maturity:If index return is positive, par plus 180% of index return; if index return is zero or negative and index’s final level is equal to or greater than trigger level, par; if final level is less than trigger level, full exposure to decline in index from initial level
Initial index level:135.33
Trigger level:101.50, 75% of initial level
Pricing date:Nov. 25
Settlement date:Nov. 28
Agent:Goldman, Sachs & Co.
Fees:3.85%
Cusip:38148K330

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