New Issue: GS Finance sells $10 million buffered index-linked notes on S&P 500, Stoxx 50

By William Gullotti

Buffalo, N.Y., July 7 – GS Finance Corp. priced $10 million of 0% buffered index-linked notes due June 19, 2024 based on the performance of the Euro Stoxx 50 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If each index finishes at or above initial levels, the payout at maturity will be par plus three times the gain of the least performing index, capped at a maximum gain of 52.4%.

If any index falls by up to 25%, the payout will be par.

Otherwise, investors will lose 1% for every 1% decline of the worst performer from its initial level.

Goldman, Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Buffered index-linked notes
Underlying indexes:	S&P 500 index, Euro Stoxx 50 index
Amount:	$10 million
Maturity:	June 19, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above initial levels, par plus the three times the gain of the least performing index, capped at par plus 52.4%; if any index falls by up to 25%, par; otherwise 1% loss for every 1% decline of the worst performer from its initial level
Initial index levels:	4,255.15 for S&P, 4,132.67 for Stoxx
Buffer levels:	75% of initial levels
Pricing date:	June 14
Settlement date:	June 17
Agent:	Goldman, Sachs & Co. LLC
Fees:	2.75%
Cusip:	40057HLB4

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