New Issue: GS Finance sells $3.55 million leveraged index-linked notes on Russell 2000

By William Gullotti

Buffalo, N.Y., Aug. 13 – GS Finance Corp. priced $3.55 million of 0% leveraged index-linked notes due Feb. 3, 2023 tied to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus triple the index return, subject to a maximum return of par plus 21.15%. Otherwise, investors will be fully exposed to the decline of the index from its initial level.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the underwriter.

Issuer:	GS Finance Corp.
Issue:	Leveraged index-linked notes
Underlying index:	Russell 2000 index
Amount:	$3.55 million
Maturity:	Feb. 3, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If the index return is positive, par plus three times the index return, capped at 21.15%; otherwise, investors will be fully exposed to the decline of the index from its initial level
Initial index level:	2,215.495
Pricing date:	Aug. 2
Settlement date:	Aug. 9
Underwriter:	Goldman Sachs & Co. LLC
Fees:	1.13%
Cusip:	40057HYZ7

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