New Issue: GS Finance prices $195,000 leveraged buffered notes on Russell 2000

By Kiku Steinfeld

Chicago, Nov. 21 – GS Finance Corp. priced $195,000 of 0% leveraged buffered index-linked notes due March 21, 2024 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index gain,s the payout at maturity will be par plus 150% of the return of the index capped at par plus 25%. The payout will be par if the index declines but by no more than the 10% buffer. Investors will lose 1% for every 1% that the index declines beyond the buffer.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered index-linked notes
Underlying index:	Russell 2000 index
Amount:	$195,000
Maturity:	March 21, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If index gains, par plus 150% of index return capped at par plus 25%; par if index declines but by no more than 10% buffer; otherwise, loss of 1% for every 1% that the index declines beyond the buffer
Initial level:	2,086.143
Upside leverage:	150%
Cap:	16.667%
Buffer:	10%
Downside leverage:	100%
Pricing date:	March 18
Settlement date:	March 23
Agent:	Goldman Sachs & Co. LLC
Fees:	2%
Cusip:	40057LJF9

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