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Published on 7/31/2018 in the Prospect News Structured Products Daily.

New Issue: GS Finance prices $295,000 leveraged buffered notes on Euro Stoxx 50

By Sarah Lizee

Olympia, Wash., July 31 – GS Finance Corp. priced $295,000 of 0% leveraged buffered index-linked notes due July 31, 2023 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index return is positive, the payout at maturity will be par plus 2.55 times the index return. Investors will receive par if the index falls by up to 25% and lose 1% for every 1% decline in the index beyond 25%.

Goldman Sachs & Co. is the underwriter.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Leveraged buffered index-linked notes
Underlying index:Euro Stoxx 50
Amount:$295,000
Maturity:July 31, 2023
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par plus 2.55 times the index return; par if index falls by up to 25%; 1% loss for every 1% decline in index beyond 25%
Initial index level:3,509.26
Pricing date:July 26
Settlement date:July 31
Underwriter:Goldman Sachs & Co.
Fees:4.475%
Cusip:40055QJD5

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