New Issue: Goldman prices $7.88 million leveraged basket-linked notes on 62 stocks

By Sarah Lizee

Olympia, Wash., June 18 – GS Finance Corp. priced $7.88 million of 0% leveraged notes due June 16, 2022 linked to a basket of 62 stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the common stocks of 3M Co. (0.4847458649% weight), Accenture plc (0.2588855795% weight), Adobe Inc. (2.7796619469% weight), Agilent Technologies, Inc. (2.7820966187% weight), Alphabet Inc. (1.7224111073% weight), American Express Co. (2.432096289% weight), Amgen Inc. (0.4866445618% weight), Applied Materials, Inc. (3.0854500281% weight), Autodesk, Inc. (3.0793214274% weight), Axalta Coating Systems Ltd. (1.0993097019% weight), Baker Hughes Co. (2.4047744646% weight), Best Buy Co., Inc. (2.6657951862% weight), BlackRock, Inc. (2.8698003473% weight), Bunge Ltd. (0.643895932% weight), Cadence Design System Inc. (1.0731746441% weight), Campbell Soup Co. (1.2073630411% weight), CBRE Group, Inc. (1.2171820029% weight), Colgate-Palmolive Co. (0.3936671165% weight), Cummins Inc. (2.4017024611% weight), Ecolab Inc. (2.6129235788% weight), Edwards Lifesciences Corp. (3.0668423762% weight), Expeditors International Washington, Inc. (0.6614521488% weight), Factset Research Systems Inc. (1.6931030947% weight), General Mills, Inc. (2.6288682223% weight), Gilead Sciences, Inc. (1.9840110223% weight), Hasbro, Inc. (1.9257600438% weight), Healthpeak Properties, Inc. (1.8130629407% weight), Henry Schein, Inc. (1.0881786152% weight), Hewlett Packard Enterprise Co. (2.340030163% weight), Idexx Laboratories, Inc. (1.995732411% weight), IHS Markit Ltd. (2.171113191% weight), Intuit Inc. (0.4538352794% weight), Iron Mountain Inc. (1.0516831881% weight), Johnson Controls International plc (2.3184278632% weight), Kansas City Southern (2.8585302802% weight), Kellogg Co. (1.2166182968% weight), Keysight Technologies, Inc. (2.3958355231% weight), Kimberly-Clark Corp. (0.4792782728% weight), Microsoft Corp. (0.3197803491% weight), Molson Coors Beverage Co. (1.158350858% weight), Northern Trust Corp. (2.1277881794% weight), Nvidia Corp. (4.3091172459% weight), Owens Corning (1.2416239964% weight), PepsiCo, Inc. (0.2417813330% weight), Prologis, Inc. (1.5027404799% weight), PVH Corp. (1.4680574748% weight), Quest Diagnostics Inc. (1.4970455242% weight), ResMed Inc. (0.9667377434% weight), Robert Half International Inc. (0.3275892836% weight), salesforce.com, inc. (3.3779633666% weight), Sempra Energy (3.2762087453% weight), T Rowe Price Group, Inc. (0.3263052955% weight), Texas Instruments Inc. (0.2520787801% weight), Clorox Co. (1.6799008424% weight), Home Depot, Inc. (0.408215955% weight), Procter & Gamble Co. (0.3240171451% weight), Tiffany & Co. (2.6434571169% weight), Trimble Inc. (0.7395324125% weight), V.F. Corp. (2.0069227711% weight), VMware, Inc. (0.2568942829% weight), W.W. Grainger, Inc. (0.8408516049% weight) and Xylem Inc. (0.8637743813% weight).

If the basket return is positive, the payout at maturity will be par plus 1.5 times the basket return up to $1,320 for each $1,000 note.

If the basket declines by up to 25%, the payout will be par.

Otherwise, the payout will be par plus the return of the basket with full exposure to the decline.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged notes
Underlying stocks:	3M Co. (0.4847458649% weight), Accenture plc (0.2588855795% weight), Adobe Inc. (2.7796619469% weight), Agilent Technologies, Inc. (2.7820966187% weight), Alphabet Inc. (1.7224111073% weight), American Express Co. (2.432096289% weight), Amgen Inc. (0.4866445618% weight), Applied Materials, Inc. (3.0854500281% weight), Autodesk, Inc. (3.0793214274% weight), Axalta Coating Systems Ltd. (1.0993097019% weight), Baker Hughes Co. (2.4047744646% weight), Best Buy Co., Inc. (2.6657951862% weight), BlackRock, Inc. (2.8698003473% weight), Bunge Ltd. (0.643895932% weight), Cadence Design System Inc. (1.0731746441% weight), Campbell Soup Co. (1.2073630411% weight), CBRE Group, Inc. (1.2171820029% weight), Colgate-Palmolive Co. (0.3936671165% weight), Cummins Inc. (2.4017024611% weight), Ecolab Inc. (2.6129235788% weight), Edwards Lifesciences Corp. (3.0668423762% weight), Expeditors International Washington, Inc. (0.6614521488% weight), Factset Research Systems Inc. (1.6931030947% weight), General Mills, Inc. (2.6288682223% weight), Gilead Sciences, Inc. (1.9840110223% weight), Hasbro, Inc. (1.9257600438% weight), Healthpeak Properties, Inc. (1.8130629407% weight), Henry Schein, Inc. (1.0881786152% weight), Hewlett Packard Enterprise Co. (2.340030163% weight), Idexx Laboratories, Inc. (1.995732411% weight), IHS Markit Ltd. (2.171113191% weight), Intuit Inc. (0.4538352794% weight), Iron Mountain Inc. (1.0516831881% weight), Johnson Controls International plc (2.3184278632% weight), Kansas City Southern (2.8585302802% weight), Kellogg Co. (1.2166182968% weight), Keysight Technologies, Inc. (2.3958355231% weight), Kimberly-Clark Corp. (0.4792782728% weight), Microsoft Corp. (0.3197803491% weight), Molson Coors Beverage Co. (1.158350858% weight), Northern Trust Corp. (2.1277881794% weight), Nvidia Corp. (4.3091172459% weight), Owens Corning (1.2416239964% weight), PepsiCo, Inc. (0.2417813330% weight), Prologis, Inc. (1.5027404799% weight), PVH Corp. (1.4680574748% weight), Quest Diagnostics Inc. (1.4970455242% weight), ResMed Inc. (0.9667377434% weight), Robert Half International Inc. (0.3275892836% weight), salesforce.com, inc. (3.3779633666% weight), Sempra Energy (3.2762087453% weight), T Rowe Price Group, Inc. (0.3263052955% weight), Texas Instruments Inc. (0.2520787801% weight), Clorox Co. (1.6799008424% weight), Home Depot, Inc. (0.408215955% weight), Procter & Gamble Co. (0.3240171451% weight), Tiffany & Co. (2.6434571169% weight), Trimble Inc. (0.7395324125% weight), V.F. Corp. (2.0069227711% weight), VMware, Inc. (0.2568942829% weight), W.W. Grainger, Inc. (0.8408516049% weight) and Xylem Inc. (0.8637743813% weight
Amount:	$7,875,000
Maturity:	June 16, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus 1.5 times the basket return up to $1,320 for each $1,000 note; if basket declines by up to barrier level, par; otherwise, par plus the return of the basket with full exposure to the decline
Barrier level:	75% of initial basket level
Pricing date:	June 12
Settlement date:	June 17
Agent:	Goldman Sachs & Co. LLC
Fees:	0.65%
Cusip:	40057C3Y5

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