New Issue: GS Finance sells $1.35 million leveraged buffered notes on index basket

By Marisa Wong

Morgantown, W.Va., April 6 – GS Finance Corp. priced $1.35 million of 0% leveraged buffered index-linked notes due Sept. 30, 2022 linked to a basket of the S&P 500 index with a 60% weight, the MSCI EAFE index with a 30% weight and the MSCI Emerging Markets index with a 10% weight, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the basket return is positive, the payout at maturity will be par plus 141% of the basket gain. Investors will receive par if the basket falls by up to 10% and lose 1% for every 1% decline beyond 10%.

Goldman, Sachs & Co. is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered notes
Underlying basket:	S&P 500 index with a 60% weight, MSCI EAFE index with a 30% weight and MSCI Emerging Markets index with a 10% weight
Amount:	$1.35 million
Maturity:	Sept. 30, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If the basket return is positive, par plus 141% of the basket gain; par if the basket falls by up to 10%; 1% loss for every 1% decline beyond 10%
Initial index levels:	2,658.55 for S&P, 1,989.65 for EAFE and 1,182.28 for EM
Pricing date:	March 26
Settlement date:	March 29
Underwriter:	Goldman, Sachs & Co.
Fees:	0.55%
Cusip:	40055ATR8

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