New Issue: GS Finance prices $13.33 million trigger gears linked to index basket

By Kiku Steinfeld

Chicago, July 29 – GS Finance Corp. priced $13.33 million of 0% trigger gears due July 15, 2024 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index with a 40% weight, the MSCI EAFE index with a 30% weight, the S&P Midcap 400 index with a 20% weight and the MSCI Emerging Markets index with a 10% weight.

The payout at maturity will be par of $10 plus 1.4775 times any basket gain.

If the basket return is flat or falls but not more than the 75% downside threshold, the payout will be par.

Otherwise, investors will be fully exposed to any losses.

The guarantor is Goldman Sachs Group, Inc.

UBS Financial Services Inc. and Goldman Sachs & Co. LLC are the agents.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Trigger gears
Underlying basket:	S&P 500 (40% weight), MSCI EAFE (30% weight), S&P Midcap 400 (20% weight), MSCI Emerging Markets (10% weight)
Amount:	$13,333,000
Maturity:	July 15, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If basket gains, par plus 1.4775 times return; if basket is flat or falls but not below 75% downside threshold level, par; otherwise, 1% loss per 1% decline
Initial levels:	2,993.07 for S&P 500, 1,916.82for EAFE, 1,945.83 for Midcap, 1,048.95 for EM
Pricing date:	July 11
Settlement date:	July 15
Agents:	UBS Financial Services Inc. and Goldman Sachs & Co. LLC
Fees:	3.85%
Cusip:	36257W319

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