New Issue: GS Finance sells $839,000 leveraged buffered notes on Russell 2000

By Sarah Lizee

Olympia, Wash., Jan. 7 – GS Finance Corp. priced $839,000 of 0% leveraged buffered notes due Jan. 10, 2022 tied to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index return is positive, the payout at maturity will be par plus 200% of the return, subject to a maximum settlement amount of $1,335 per $1,000 of notes. Investors will receive par if the index falls by up to 20% and lose 1.25% for every 1% decline below the buffer.

Goldman Sachs & Co. is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered notes
Underlying index:	Russell 2000 index
Amount:	$839,000
Maturity:	Jan. 10, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 200% of return, subject to a maximum settlement amount of $1,335 per $1,000 of notes; par if index falls by up to 20%; 1.25% loss for every 1% decline beyond buffer
Initial level:	1,330.831
Pricing date:	Jan. 3
Settlement date:	Jan. 10
Underwriter:	Goldman Sachs & Co.
Fees:	0.5%
Cusip:	40056EQW1

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