New Issue: Goldman Sachs prices $8.43 million airbag performance notes on FTSE 100

By Marisa Wong

Madison, Wis., Nov. 3 – Goldman Sachs Group, Inc. priced $8.43 million of 0% airbag performance securities due Oct. 31, 2018 linked to the FTSE 100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.385 times any index gain.

Investors will receive par if the index falls by up to 20% and will lose 1.25% for every 1% decline beyond 20%.

Goldman, Sachs & Co. is the agent.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Airbag performance securities
Underlying index:	FTSE 100 index
Amount:	$8,426,000
Maturity:	Oct. 31, 2018
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.385 times any index gain; par if the index falls by up to 20%; 1.25% loss for every 1% decline beyond 20%
Initial level:	6,402.17
Pricing date:	Oct. 28
Settlement date:	Oct. 31
Agent:	Goldman, Sachs & Co.
Fees:	3.3%
Cusip:	38148F612

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