New Issue: GS Finance prices $295,000 leveraged buffered notes on S&P MidCap 400

By Marisa Wong

Morgantown, W.Va., July 23 – GS Finance Corp. priced $295,000 of 0% leveraged buffered index-linked notes due Nov. 21, 2019 tied to the S&P MidCap 400 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index return is positive, the payout at maturity will be par plus 200% of the index return, subject to a maximum payment of $1,110 per $1,000 principal amount. Investors will receive par if the index falls by up to 15% and lose 1% for every 1% decline in the index beyond 15%.

Goldman, Sachs & Co. is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered index-linked notes
Underlying index:	S&P MidCap 400
Amount:	$295,000
Maturity:	Nov. 21, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 200% of index return, subject to maximum payment of $1,110 per $1,000 principal amount; par if index falls by up to 15%; 1% loss for every 1% decline in index beyond 15%
Initial index level:	2,001.25
Pricing date:	July 18
Settlement date:	July 23
Underwriter:	Goldman, Sachs & Co.
Fees:	0.1%
Cusip:	40055QHM7

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