New Issue: Goldman Sachs sells $140,000 leveraged buffered basket-linked notes

By Kiku Steinfeld

Chicago, July 15 – Goldman Sachs Group, Inc. priced $140,000 of 0% leveraged buffered notes due July 3, 2024 linked to an equally weighted basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index with a 33% weight, the Russell 2000 index with a 33% weight and the S&P MidCap 400 index with a 33% weight.

The payout at maturity will be par plus 1.17 times any basket gain.

Investors will receive par if the basket falls by up to 20% and will lose 1% for every 1% decline beyond 20%.

Goldman Sachs & Co. LLC is the agent.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered index-linked notes
Underlying indexes:	S&P 500 (33%), the Russell 2000 (33%) and S&P MidCap 400 (33%)
Amount:	$140,000
Maturity:	July 3, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus 1.17 times any gain; par if basket finishes flat or falls by 20% or less; 1% loss for every 1% decline beyond 20%
Initial levels:	2,941.76 for S&P 500, 1,566.572 for Russell and 1,945.51 for S&P MidCap
Buffer level:	80% of initial level
Pricing date:	June 28
Settlement date:	July 3
Underwriter:	Goldman Sachs & Co. LLC
Fees:	1.39%
Cusip:	40056FMV4

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