New Issue: GS Finance prices $12.23 million of leveraged notes on Russell 2000

By Cady Vishniac

Detroit, Dec. 15 – GS Finance Corp. priced $12.23 million of 0% leveraged index-linked notes due May 11, 2022 tied to the Russell 2000 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 three times any index gain, up to a maximum settlement amount of $1,211.50 per $1,000 note.

If the final value of the index is the same as or less than its initial level, investors will be fully exposed to the decline of the index.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged index-linked notes
Underlying index:	Russell 2000 index
Amount:	$12,225,000
Maturity:	May 11, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus three times any index gain, up to a maximum settlement amount of $1,211.50 per $1,000 note; par if the index is flat; full exposure to losses if index finishes below initial level
Initial index level:	1,902.147
Pricing date:	Dec. 9
Settlement date:	Dec. 16
Agent:	Goldman Sachs & Co. LLC
Fees:	1.19%
Cusip:	40057ENW3

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