By Marisa Wong
Morgantown, W.Va., Oct. 10 – GS Finance Corp. priced $5.25 million of 0% trigger digital securities due Oct. 2, 2019 linked to the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
The payout at maturity will be par plus 12.15% unless the fund finishes below the 80% downside threshold, in which case investors will be fully exposed to any losses.
Goldman, Sachs & Co. is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
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| Issue: | Trigger digital securities
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| Underlying ETF: | iShares MSCI EAFE ETF
|
| Amount: | $5.25 million
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| Maturity: | Oct. 2, 2019
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 12.15% unless fund finishes below 80% downside threshold, in which case full exposure to any losses
|
| Initial share price: | $67.90
|
| Downside threshold | $54.32, 80% of initial share price
|
| Pricing date: | Sept. 27
|
| Settlement date: | Sept. 29
|
| Agent: | Goldman Sachs & Co.
|
| Fees: | 1.175%
|
| Cusip: | 36253M828
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