New Issue: Goldman prices $352,000 leveraged buffer notes due 2021 tied to Russell

By Susanna Moon

Chicago, Dec. 14 – GS Finance Corp. priced $352,000 of 0% leveraged buffered notes due June 2, 2021 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus double any index gain, up to a maximum settlement amount of $1,240 for each $1,000 principal amount.

Investors will receive par if the index falls by up to 10% and will lose 1% for each 1% decline beyond the buffer.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered notes
Underlying index:	Russell 2000
Amount:	$352,000
Maturity:	June 2, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 2 times any index gain, capped at 24%; par if index falls by up to 10%; otherwise, 1% loss per 1% decline beyond 10%
Initial level:	1,492.855
Pricing date:	Nov. 27
Settlement date:	Nov. 30
Underwriter:	Goldman Sachs & Co. LLC
Fees:	3.075%
Cusip:	40056EE95

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