New Issue: GS Finance sells $2.15 million leveraged buffered notes linked to Russell 2000

By Wendy Van Sickle

Columbus, Ohio, Aug. 6 – GS Finance Corp. priced $2.15 million of 0% leveraged buffered index-linked notes due Aug. 5, 2021 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 closes above its initial level, the payout at maturity will be par plus 2 times the index return, capped at $1,200 per $1000 principal amount of notes.

If the index finishes flat or falls by up to 10%, the payout will be par.

Investors will lose 1% for every 1% decline in the index beyond 10%.

Goldman, Sachs & Co. LLC is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered index-linked notes
Underlying index:	Russell 2000
Amount:	$2,146,000
Maturity:	Aug. 5, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If index closes above its initial level, par plus 2 times index return, capped $1,200 per $1000 principal amount of notes; if index finishes flat or falls by up to 10%, par; 1% loss for every 1% decline in the index beyond 10%
Initial index level:	1,574.605
Buffer level:	90% of initial level
Trade date:	July 30
Settlement date:	Aug. 5
Underwriter:	Goldman, Sachs & Co. LLC
Fees:	1.225%
Cusip:	40056FQL2

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