New Issue: GS Finance sells $5 million 5.1% fixed-coupon notes on two indexes

By Wendy Van Sickle

Columbus, Ohio, July 14 – GS Finance Corp. priced $5 million of 5.5% fixed-coupon securities due Jan. 10, 2019 linked to the Russell 2000 index and the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

Interest is payable monthly.

The payout at maturity will be par unless either asset finishes at or below the buffer level, 80% of the initial level, in which case investors will lose 1.25% for each 1% loss of the lesser performing index beyond 80%.

The agent is Morgan Stanley & Co. LLC.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Fixed-coupon securities
Underlying indexes:	Russell 2000 and MSCI EAFE
Amount:	$5 million
Maturity:	Jan. 10, 2019
Contingent payment:	5.1%, payable monthly
Price:	Par of $1,000
Payout at maturity:	Par unless either asset finishes below buffer level, in which case 1.25% loss for each 1% loss of lesser-performing index beyond 20%
Initial levels:	1,415.835 for Russell, 1,874.10 for MSCI EAFE
Downside thresholds:	80% of initial levels
Pricing date:	July 7
Settlement date:	July 12
Agent:	Morgan Stanley & Co. LLC
Fees:	0.1%
Cusip:	40054LKU7

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