New Issue: GS Finance prices $2.2 million leveraged buffered notes linked to Russell

By Sarah Lizee

Olympia, Wash., Sept. 20 – GS Finance Corp. priced $2.2 million of 0% leveraged buffered notes due Sept. 21, 2021 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus 300% of the index return, capped at $1,199.5 per $1,000 of notes. Investors will receive par if the index falls by up to 10% and lose 1.1111% for every 1% that the index may decline beyond 10%.

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:	$2.2 million
Maturity:	Sept. 21, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 300% of index return capped at $1,199.5 per $1,000 of notes; par if index falls by up to 10%; 1% loss for every 1% decline in index beyond 10%
Initial level:	1,578.540
Pricing date:	Sept. 17
Settlement date:	Sept. 24
Underwriter:	Goldman Sachs & Co. LLC
Fees:	1.65%
Cusip:	40056XD29

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