New Issue: Goldman prices $6.23 million leveraged notes with cap linked to indexes

By Susanna Moon

Chicago, March 8 – GS Finance Corp. priced $6.23 million of 0% leveraged buffered notes due Feb. 25, 2020 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

The basket consists of the Euro Stoxx 50 index with a 37% weight, the FTSE 100 index with a 23% weight, the Tokyo Stock Price 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 5 times any basket gain, up to a maximum settlement amount of $1,400 per $1,000 of notes.

Investors will be exposed to any losses.

Goldman Sachs & Co. is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged notes
Underlying basket:	Euro Stoxx 50 (37% weight), FTSE 100 (23% weight), Tokyo Stock Price (23% weight), Swiss Market (9% weight) and S&P/ASX 200 (8% weight)
Amount:	$6.23 million
Maturity:	Feb. 25, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 5 times any basket gain, capped at 40%; 1% loss for each 1% decline
Initial levels:	3,430.16 for Stoxx, 7,281.57 for FTSE, 1,761.61 for Topix, 8,988.99 for Swiss Market, 5,943.724 for S&P/ASX
Pricing date:	Feb. 21
Settlement date:	Feb. 28
Underwriter:	Goldman Sachs & Co. LLC
Fees:	1.51%
Cusip:	40055ALQ8

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