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Published on 10/26/2016 in the Prospect News Structured Products Daily.

New Issue: GS Finance prices $62.5 million digital notes linked to MSCI EAFE

By Marisa Wong

Morgantown, W.Va., Oct. 26 – GS Finance Corp. priced $62.5 million of 0% digital notes due Oct. 29, 2018 linked to the MSCI EAFE 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 greater than or equal to negative 15%, the payout at maturity will be $1,131 per $1,000 of notes. Otherwise, investors will lose 1.1765% for every 1% that the index declines beyond 15%.

Goldman, Sachs & Co. is the agent.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Digital notes
Underlying index:MSCI EAFE index
Amount:$62.5 million
Maturity:Oct. 29, 2018
Coupon:0%
Price:Par
Payout at maturity:If index return is greater than or equal to negative 15%, $1,131 per $1,000 of notes; otherwise, 1.1765% loss for every 1% index decline beyond 15%
Initial index level:1,672.93
Pricing date:Oct. 24
Settlement date:Oct. 27
Agent:Goldman, Sachs & Co.
Fees:1.275%
Cusip:40054KMT0

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