New Issue: GS Finance sells $1.11 million leveraged buffered notes tied to the Dow

By Marisa Wong

Morgantown, W.Va., June 17 – GS Finance Corp. priced $1.11 million of 0% leveraged buffered index-linked notes due May 31, 2024 tied to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

The payout at maturity will be par plus 1.275 times any index gain.

If the index finishes flat or falls by up to 15%, the payout will be par. Otherwise, investors will lose 1% for every 1% index decline 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:	Dow Jones industrial average
Amount:	$1,112,000
Maturity:	May 31, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.275 times any index gain; par if index finishes flat or falls by up to 15%; otherwise, 1% loss for every 1% decline beyond 15%
Initial index level:	25,347.77
Pricing date:	May 28
Settlement date:	May 31
Underwriter:	Goldman, Sachs & Co.
Fees:	3.71%
Cusip:	40056FEU5

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