New Issue: GS Finance sells $6.48 million of leveraged buffered notes on S&P 500

By Devika Patel

Knoxville, Tenn., Jan. 20 – GS Finance Corp. priced $6.48 million of 0% leveraged buffered notes due Jan. 30, 2019 linked to 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.

The payout at maturity will be par plus 150% of any index gain, up to a maximum settlement amount of $1,208.50 per $1,000 of notes.

Investors will receive par if the index falls by 10% or less and will lose 1.1111% for every 1% decline in the index beyond 10%.

Goldman Sachs & Co. is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered notes
Underlying index:	S&P 500
Amount:	$6,476,000
Maturity:	Jan. 30, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 150% of the gain, subject to $1,208.50 maximum settlement amount; par if index falls by up to 10%; 1.1111% loss for every 1% decline in index beyond 10%
Initial index level:	2,298.37
Pricing date:	Jan. 25
Settlement date:	Feb. 1
Agent:	Goldman Sachs & Co.
Fees:	1.65%
Cusip:	40054KUR5

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