New Issue: Goldman Sachs prices $1.09 million leveraged notes linked to Dow

By Angela McDaniels

Tacoma, Wash., June 23 – Goldman Sachs Group, Inc. priced $1.09 million of 0% leveraged notes due June 28, 2021 linked to the Dow Jones industrial average, 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 1.3 times the index return. If the index return is negative and the final index level is at least 70% of the initial level, the payout will be par plus the absolute value of the index return. If the final index level is less than 70% of the initial index level, investors will be fully exposed to the decline from the initial level.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Leveraged notes
Underlying index:	Dow Jones industrial average
Amount:	$1,094,000
Maturity:	June 28, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 1.3 times index return; if index return is negative and final index level is at least 70% of initial level, par plus absolute value of index return; if final index level is less than 70% of initial index level, full exposure to decline from initial level
Initial index level:	18,015.95
Pricing date:	June 19
Settlement date:	June 26
Underwriter:	Goldman Sachs & Co.
Fees:	3.625%
Cusip:	38148T4G1

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