New Issue: GS Finance sells $1.43 million leveraged index-linked notes on S&P 500

By William Gullotti

Buffalo, N.Y., June 16 – GS Finance Corp. priced $1.43 million of 0% leveraged index-linked notes due June 14, 2028 tied to the S&P 500 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 129.5% of the index return.

Investors will receive par if the index declines by no more than 20% and be fully exposed to loss if it falls beyond 20%.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the underwriter.

Issuer:	GS Finance Corp.
Issue:	Leveraged index-linked notes
Underlying index:	S&P 500 index
Amount:	$1,433,000
Maturity:	June 14, 2028
Coupon:	0%
Price:	Par
Payout at maturity:	If the index return is positive, par plus 129.5% of the index return; if index falls by no more than 20%, par; otherwise, lose 1% for each 1% decline from initial level
Initial index level:	4,298.86
Trigger level:	80% of initial level
Pricing date:	June 9
Settlement date:	June 14
Underwriter:	Goldman Sachs & Co. LLC
Fees:	1.09%
Cusip:	40057TAE4

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