New Issue: Goldman Sachs prices $2.05 million leveraged notes linked to the Dow

By Marisa Wong

Morgantown, W.Va., Nov. 2 – Goldman Sachs Group, Inc. priced $2.05 million of 0% leveraged notes due Nov. 1, 2021 linked to the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes above the initial level, the payout at maturity will be par plus 1.4 times the gain.

If the index falls by up to 30%, the payout will be par plus the absolute value of the index return.

If the index falls by more than 30%, investors will be fully exposed to any losses.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Leveraged notes
Underlying index:	Dow Jones industrial average
Amount:	$2,052,000
Maturity:	Nov. 1, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.4 times any index gain; if index falls by up to 30%, par plus the absolute value of the index return; if index falls by more than 30%, investors will be fully exposed to any losses
Initial index level:	17,646.70
Pricing date:	Oct. 23
Settlement date:	Oct. 30
Underwriter:	Goldman Sachs & Co.
Fees:	3.625%
Cusip:	38148TFJ3

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