New Issue: GS Finance sells $3.38 million leveraged buffered notes on Russell 2000

By Marisa Wong

Morgantown, W.Va., May 14 – GS Finance Corp. priced $3.38 million of 0% leveraged buffered index-linked notes due July 10, 2019 tied to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index return is positive, the payout at maturity will be par plus 150% of the index return, subject to a maximum payment of $1,135 per $1,000 principal amount. Investors will receive par if the index falls by up to 10% and lose 1% for every 1% decline in the index beyond 10%.

Goldman, Sachs & Co. is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered index-linked notes
Underlying index:	Russell 2000
Amount:	$3,381,000
Maturity:	July 10, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 150% of index return, subject to maximum payment of $1,135 per $1,000 principal amount; par if index falls by up to 10%; 1% loss for every 1% decline in index beyond 10%
Initial index level:	1,578.948
Pricing date:	May 8
Settlement date:	May 15
Underwriter:	Goldman, Sachs & Co.
Fees:	0.2%
Cusip:	40055Q6N7

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