New Issue: GS Finance sells $4.51 million 4.5% fixed coupon buffered notes on Russell

By William Gullotti

Buffalo, N.Y., May 5 – GS Finance Corp. priced $4.51 million of 4.5% fixed coupon buffered index-linked notes due April 28, 2025 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable quarterly.

The payout at maturity will be par unless the index falls by more than 15%, in which case investors will lose 1% for every 1% decline beyond 15%.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Fixed coupon buffered index-linked notes
Underlying index:	Russell 2000 index
Amount:	$4,511,000
Maturity:	April 28, 2025
Coupon:	4.5% per year, payable quarterly
Price:	Par
Payout at maturity:	Par unless index falls by more than 15%, in which case exposure to losses of index beyond 15%
Initial level:	1,890.475
Pricing date:	April 26
Settlement date:	April 29
Underwriter:	Goldman Sachs & Co.
Fees:	2.8%
Cusip:	40057LPW5

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