New Issue: GS Finance sells $500,000 leveraged buffered notes on index basket

By Sarah Lizee

Olympia, Wash., May 14 – GS Finance Corp. priced $500,000 of 0% leveraged buffered notes due May 19, 2021 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 includes the Euro Stoxx 50 index with a 39% weight, the Topix index with a 26% weight, the FTSE 100 index with a 15% weight, the S&P/ASX 200 index with an 11% weight and the Swiss Market index with a 9% weight.

The payout at maturity will be par plus 1.6825 times any basket gain.

Investors will receive par if the basket declines by 15% or less and will lose 1.1765% for every 1% that it declines beyond 15%.

Goldman Sachs & Co. LLC and JPMorgan are the agents.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered notes
Underlying basket:	Euro Stoxx 50 (39% weight), Topix index (26% weight), FTSE 100 (15% weight) and S&P/ASX 200 (11% weight) and Swiss Market (9% weight)
Amount:	$500,000
Maturity:	May 19, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.6825 times any basket gain; par if basket falls by up to 15%; 1.1765% loss for every 1% drop beyond 15%
Initial levels:	3,361.05 for Stoxx, 1,549.42 for Topix, 7,203.29 for FTSE, 6,310.852 for S&P/ASX and 9,472.83 for Swiss
Pricing date:	May 10
Settlement date:	May 15
Agent:	Goldman Sachs & Co. LLC and JPMorgan
Fees:	1.675%
Cusip:	40056FH73

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