New Issue: GS Finance sells $786,000 leveraged notes linked to S&P 500

By Wendy Van Sickle

Columbus, Ohio, June 30 – GS Finance Corp. priced $786,000 of 0% leveraged index-linked notes due July 28, 2021 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 will be par plus 2 times the index return, capped at par plus 14.7%. Otherwise, investors will lose 1% for every 1% that the index declines below its initial level.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged index-linked notes
Underlying index:	S&P 500 index
Amount:	$786,000
Maturity:	July 28, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 2 times index return, capped at par plus 14.7%; otherwise, full exposure to losses
Initial index level:	3,131.29
Pricing date:	June 23
Settlement date:	June 26
Agent:	Goldman Sachs & Co. LLC
Fees:	2.03%
Cusip:	40057CAE1

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