New Issue: GS Finance prices $676,000 leveraged buffered notes tied to basket

By Sarah Lizee

Olympia, Wash., Jan. 8 – GS Finance Corp. priced $676,000 of 0% leveraged buffered notes due Jan. 11, 2022 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 42.5% weight, the Topix index with a 24.25% weight, the FTSE 100 index with a 15% weight, the Swiss Market index with an 8% weight, the S&P/ASX 200 index with a 7% weight and the Hang Seng China Enterprises index with a 3.25% weight.

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

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

Goldman Sachs & Co. is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered notes
Underlying assets:	Euro Stoxx 50 index with a 42.5% weight, Topix index with a 24.25% weight, FTSE 100 index with a 15% weight, Swiss Market index with an 8% weight, S&P/ASX 200 index with a 7% weight and Hang Seng China Enterprises index with a 3.25% weight
Amount:	$676,000
Maturity:	Jan. 11, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus two times any basket gain; par if the basket falls by up to 20%; 1.25% loss for every 1% decline beyond 20%
Initial levels:	3,041.85 for Stoxx, 1,471.16 for Topix, 6,837.42 for FTSE, 8,608.56 for Swiss, 5,619.355 for S&P/ASX, 10,029.65 for Hang Seng
Pricing date:	Jan. 4
Settlement date:	Jan. 11
Underwriter:	Goldman Sachs & Co.
Fees:	0.5%
Cusip:	40056ERQ3

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