New Issue: GS Finance sells $6.74 million leveraged notes due 2020 tied to basket

By Sarah Lizee

Olympia, Wash., Oct. 5 – GS Finance Corp. priced $6.74 million of 0% leveraged notes due Feb. 5, 2020 linked to a basket of indexes and a fund, 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 36% weight, the Topix index with a 27% weight, the FTSE 100 index with a 20% 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 500% of any basket gain, capped at $1,247.5 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 assets:	Euro Stoxx 50 index (36% weight), Topix index (27% weight), FTSE 100 index (20% weight), Swiss Market index (9% weight), S&P/ASX 200 index (8% weight)
Amount:	$6.74 million
Maturity:	Feb. 5, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 500% of any basket gain, capped at $1,247.5 per $1,000 of notes; 1% loss for each 1% decline
Initial levels:	3,414.16 for Stoxx, 1,817.96 for Topix, 7,495.67 for FTSE, 9,127.05 for Swiss and 6,172.260 for S&P/ASX
Pricing date:	Oct. 1
Settlement date:	Oct. 9
Underwriter:	Goldman Sachs & Co.
Fees:	1.1%
Cusip:	40056E2D9

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