New Issue: Goldman sells $2.92 million of leveraged buffered notes tied to indexes

By Susanna Moon

Chicago, Jan. 3 – GS Finance Corp. priced $2.92 million of 0% leveraged buffered notes due Jan. 2, 2020 tied to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Topix index with a 23% weight, the Swiss Market index with a 9% weight and the S&P/ASX 200 index with an 8% weight.

The payout at maturity will be par plus triple any basket gain, up to a maximum payment of $1,253.5 per $1,000 principal amount.

Investors will receive par if the basket falls by up to 10% and lose 1.1111% for each 1% decline beyond 10%.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman, Sachs & Co. is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered notes
Underlying indexes:	Euro Stoxx 50 (37% weight), FTSE 100 (23% weight), Topix (23% weight), Swiss Market (9% weight) and S&P/ASX 200 (8% weight)
Amount:	$2,917,000
Maturity:	Jan. 2, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 300% of any basket gain, capped at 25.35%; par if basket falls by up to 10%; 1.1111% loss per 1% decline beyond 10%
Initial index levels:	3,550.17 for Stoxx, 7,620.68 for FTSE, 1,829.79 for Topix, 9,430.44 for Swiss Market and 6,069.873 for S&P/ASX
Barrier levels:	90% of initial levels
Pricing date:	Dec. 27
Settlement date:	Jan. 4
Underwriter:	Goldman, Sachs & Co.
Fees:	1.65%
Cusip:	40055ABN6

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