New Issue: Goldman Sachs prices $6.94 million leveraged buffered notes on the Dow

By Toni Weeks

San Luis Obispo, Calif., April 15 – Goldman Sachs Group, Inc. priced $6.94 million of 0% leveraged buffered notes due April 18, 2019 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 1.1 times any index gain, up to a maximum settlement amount of $1,512.60 per $1,000 of notes.

Investors will receive par if the index falls by up to 15% and will lose 1.1765% for each 1% decline beyond 15%.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered index-linked notes
Underlying index:	Dow Jones industrial average
Amount:	$6,935,000
Maturity:	April 18, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 110% of index return, subject to maximum payment of $1,512.60 per $1,000 principal amount; par if index falls by up to 15%; 1.1765% loss for every 1% decline in index beyond 15%
Initial index level:	17,977.04
Pricing date:	April 13
Settlement date:	April 20
Underwriter:	Goldman Sachs & Co.
Fees:	3.65%
Cusip:	38146U777

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