New Issue: GS Finance prices $646,000 leveraged buffered notes on index basket

By Sarah Lizee

Olympia, Wash., June 4 – GS Finance Corp. priced $646,000 of 0% leveraged buffered notes due June 2, 2023 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 36% weight, the Topix index with a 27% weight, the FTSE 100 index with a 19% weight, the Swiss Market index with a 10% weight and the S&P/ASX 200 index with an 8% weight.

The payout at maturity will be par plus 2.25 times any basket gain.

Investors will receive par if the basket declines by 25% or less and will lose 1% for every 1% that it declines beyond 25%.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered notes
Underlying basket:	Euro Stoxx 50 index (36% weight), Topix index (27% weight), FTSE 100 index (19% weight), Swiss Market index (10% weight) and S&P/ASX 200 index (8% weight)
Amount:	$646,000
Maturity:	June 2, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 2.25 times any basket gain; par if basket falls by up to 25%; 1% loss for every 1% drop beyond 25%
Initial levels:	3,297.81 for Euro Stoxx, 1,536.41 for Topix, 7,185.30 for FTSE, 9,541.97 for Swiss Market, 6,440.026 for S&P/ASX
Pricing date:	May 29
Settlement date:	June 3
Agent:	Goldman Sachs & Co. LLC
Fees:	0.95%
Cusip:	40056FJN6

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