New Issue: GS Finance sells $65,000 leveraged buffered notes linked to S&P 500

By Marisa Wong

Morgantown, W.Va., July 3 – GS Finance Corp. priced $65,000 of 0% leveraged buffered index-linked notes due June 30, 2022 tied 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.

If the index return is positive, the payout at maturity will be par plus 120% of the index return. Investors will receive par if the index falls by up to 20% and lose 1% for every 1% decline in the index beyond 20%.

Goldman, Sachs & Co. is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered index-linked notes
Underlying index:	S&P 500 index
Amount:	$65,000
Maturity:	June 30, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 120% of index return; par if index falls by up to 20%; 1% loss for every 1% decline in index beyond 20%
Initial index level:	2,439.07
Pricing date:	June 26
Settlement date:	June 29
Underwriter:	Goldman, Sachs & Co.
Fees:	1%
Cusip:	40054LDU5

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