New Issue: GS Finance prices $1.66 million leveraged buffered notes on Russell 2000

By Wendy Van Sickle

Columbus, Ohio, Feb. 11 – GS Finance Corp. priced $1.66 million of 0% leveraged buffered index-linked notes due Feb. 3, 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 closes above its initial level, the payout at maturity will be par plus 2 times the gain, up to $1,183.50 per $1,000 note.

If the index finishes flat or falls by up to 10%, investors will receive par. Otherwise, investors will lose 1% for every 1% decline of the index beyond 10%.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered index-linked notes
Underlying index:	Russell 2000
Amount:	$1,656,000
Maturity:	Feb. 3, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If index closes above initial level, par plus 2 times gain, up to $1,183.50 per $1,000 note; if index finishes flat or falls by up to buffer level, par; 1% loss for every 1% decline of index beyond buffer
Initial index level:	1,614.061
Buffer level:	90% of initial level
Pricing date:	Jan. 31
Settlement date:	Feb. 5
Agent:	Goldman Sachs & Co. LLC
Fees:	1.2%
Cusip:	40056XWY8

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