New Issue: GS Finance sells $1.05 million index-linked trigger notes on S&P 500

By Sarah Lizee

Olympia, Wash., June 26 – GS Finance Corp. priced $1.05 million of 0% index-linked trigger notes due Sept. 23, 2020 tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the final level of the index is equal to or greater than 83.15% of the initial level, the payout at maturity will be par plus 8%. Otherwise, the payout will be par plus the index return with full exposure to any losses.

Goldman Sachs & Co. LLC is the underwriter with JPMorgan Securities LLC as placement agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked trigger notes
Underlying index:	S&P 500
Amount:	$1,053,000
Maturity:	Sept. 23, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If the final level of the index is equal to or greater than 83.15% of the initial level, par plus 8%; otherwise, par plus the index return with full exposure to any losses
Initial index level:	2,950.46
Trigger buffer:	83.15% of initial level
Pricing date:	June 21
Settlement date:	June 26
Underwriter:	Goldman Sachs & Co. LLC
Placement agent:	JPMorgan Securities LLC
Fees:	1.22%
Cusip:	40056FPQ2

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