New Issue: GS Finance sells $648,000 leveraged buffered notes linked to the Dow

By Wendy Van Sickle

Columbus, Ohio, June 25 – GS Finance Corp. priced $648,000 of 0% leveraged buffered index-linked notes due Dec. 29, 2020 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.

If the index return is positive, the payout at maturity will be par plus 2 times the index return, up to a maximum settlement amount of $1,152.5 for each $1,000 of notes.

Investors will receive par if the index finishes flat or falls by up to 10% and will lose 1% for every 1% decline in the index beyond 10%.

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:	$648,000
Maturity:	Dec. 29, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 2 times any index gain, up to a maximum settlement amount of $1,152.5 for each $1,000 of notes; par if the index finishes flat or falls by up to 10%; 1% loss for every 1% decline in the index beyond 10%
Initial index level:	26,719.13
Pricing date:	June 21
Settlement date:	June 28
Underwriter:	Goldman, Sachs & Co.
Fees:	0.15%
Cusip:	40056FLY9

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