New Issue: Goldman Sachs sells $374,000 buffered notes linked to S&P 500

By Marisa Wong

Morgantown, W.Va., Jan. 7 – Goldman Sachs Group, Inc. priced $374,000 of 0% buffered notes due Jan. 4, 2021 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus the return.

Investors will receive par if the index declines by 26% or less and will lose 1% for every 1% that the index declines beyond 26%.

Goldman, Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Buffered index-linked notes
Underlying index:	S&P 500 index
Amount:	$374,000
Maturity:	Jan. 4, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain; par if index falls by up to 26%; exposure to losses beyond 26%
Initial index level:	2,078.36
Pricing date:	Dec. 29
Settlement date:	Dec. 31
Underwriter:	Goldman, Sachs & Co.
Fees:	1.35%
Cusip:	38148TK65

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