New Issue: GS Finance prices $5.86 million buffered index-linked notes linked to S&P, Russell

By Wendy Van Sickle

Columbus, Ohio, May 11 – GS Finance Corp. priced $5.86 million of 0% buffered index-linked notes due May 19, 2021 tied to the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index return is positive, the payout at maturity will be par plus the lesser-performing index return.

If the lesser-performing index falls by up to 34.5%, investors will receive par plus 0.15 times the absolute value of its return.

Otherwise, investors will lose 1.5267% for every 1% decline in the lesser-performing index beyond 34.5%.

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:	Buffered index-linked notes
Underlying indexes:	S&P 500 index and Russell 200 index
Amount:	$5,857,000
Maturity:	May 19, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If each index return is positive, par plus lesser-performing index return; if laggard index falls by up to 34.5%, par plus 0.15 times absolute value of laggard index return; 1.5267% loss for every 1% decline in lesser-performing index beyond 34.5%
Initial index level:	2,672.63 for S&P, 1,578.948 for Russell
Pricing date:	May 7
Settlement date:	May 17
Underwriters:	Goldman, Sachs & Co.
Fees:	0.5%
Cusip:	40055Q5T5

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