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Published on 12/14/2018 in the Prospect News Structured Products Daily.

New Issue: Goldman sells $671,000 leveraged buffer notes due 2021 tied to MSCI EAFE

By Susanna Moon

Chicago, Dec. 14 – GS Finance Corp. priced $671,000 of 0% leveraged buffered notes due Nov. 30, 2023 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 143% of any index gain.

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

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the underwriter.

Issuer:GS Finance Corp.
Guarantor:Goldman Sachs Group, Inc.
Issue:Leveraged buffered notes
Underlying index:MSCI EAFE
Amount:$671,000
Maturity:Nov. 30, 2023
Coupon:0%
Price:Par
Payout at maturity:Par plus 1.43 times any index gain; par if index falls by up to 20%; otherwise, 1% loss per 1% decline beyond 20%
Initial level:1,799.77
Pricing date:Nov. 27
Settlement date:Nov. 30
Underwriter:Goldman Sachs & Co. LLC
Fees:3.65%
Cusip:40056ED39

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