New Issue: GS Finance prices $1.22 million leveraged buffered notes on Stoxx 50

By Sarah Lizee

Olympia, Wash., March 21 – GS Finance Corp. priced $1.22 million of 0% leveraged buffered index-linked notes due July 17, 2019 tied to the Euro Stoxx 50 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 positive, the payout at maturity will be par plus 200% of the index return, up to the maximum payout of $1,440 for each $1,000 of notes. Investors will receive par if the index falls by up to 10% and lose 1.1111% for every 1% decline in the index beyond 10%.

Goldman, Sachs & Co. is the underwriter and JPMorgan is the placement agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered index-linked notes
Underlying index:	Euro Stoxx 50
Amount:	$1.22 million
Maturity:	July 17, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 200% of index return, capped at $1,440 for each $1,000 of notes; par if index falls by up to 10%; 1.1111% loss for every 1% decline in index beyond 10%
Initial index level:	3,420.54
Final index level: Average of closing levels for five trading days ending on July 12, 2019
Pricing date:	March 9
Settlement date:	March 14
Underwriter:	Goldman Sachs & Co. with JPMorgan as placement agent
Fees:	1.26%
Cusip:	40055AS99

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