New Issue: Goldman prices $3 million leveraged buffered notes tied to index basket

By Susanna Moon

Chicago, March 14 – GS Finance Corp. priced $3 million of 0% leveraged buffered notes due March 3, 2022 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 30% weight, the S&P 500 index with a 30% weight, the FTSE 100 index with a 20% weight and the Russell 2000 index with a 20% weight.

The payout at maturity will be par plus 1.39 times any basket gain.

Investors will receive par if the basket falls by up to 20% and will lose 1.25% for each 1% decline beyond 20%.

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 basket:	Euro Stoxx 50 (30% weight), S&P 500 (30% weight), FTSE 100 (20% weight) and Russell 2000 (20% weight)
Amount:	$3 million
Maturity:	March 3, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.39 times any basket gain; par if basket falls by up to 20%; otherwise, 1.25% loss for each 1% decline beyond 20%
Initial levels:	2,779.60 for S&P, 7,289.58 for FTSE, 3,463.18 for Stoxx and 1,559.332 for Russell
Pricing date:	Feb. 26
Settlement date:	Feb. 28
Underwriter:	Goldman Sachs & Co. LLC
Fees:	3.95%
Cusip:	40055ANB9

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