New Issue: GS Finance sells $1.98 million buffered basket-linked notes on indexes

By William Gullotti

Buffalo, N.Y., Nov. 12 – GS Finance Corp. priced $1.98 million of 0% buffered notes due Aug. 4, 2027 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The fixed coupon will be paid annually.

The equally-weighted basket consists of the S&P 500 index, the Euro Stoxx 50 index and the Russell 2000 index.

The payout at maturity will be par plus the basket return.

Investors will receive par if the basket finishes flat or falls by up to 23% and will lose 1% for every 1% decline beyond 23%.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Buffered basket-linked notes
Underlying indexes:	S&P 500 index, Euro Stoxx 50 index, Russell 2000 index; equal weights
Amount:	$1,984,000
Maturity:	Aug. 4, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus the basket return; if basket finishes flat or declines by up to 23%, par; otherwise, 1% loss for every 1% decline beyond 23%
Initial levels:	4,395.26 for S&P, 4,089.3 for Stoxx, 2,226.246 for Russell
Buffer levels:	77% of initial levels
Pricing date:	July 30
Settlement date:	Aug. 4
Agent:	Goldman Sachs & Co. LLC
Fees:	0.5%
Cusip:	40057HYC8

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