New Issue: GS Finance prices $1.01 million leveraged basket-linked notes

By William Gullotti

Buffalo, N.Y., June 22 – GS Finance Corp. priced $1.01 million of 0% leveraged notes due June 18, 2027 linked to a weighted basket, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index with a 35% weight, the Russell 2000 index with a 35% weight, the iShares MSCI Emerging Markets ETF with a 10% weight and the iShares MSCI EAFE ETF with a 20% weight.

The payout at maturity will be par plus 1.185 times the basket gain.

Investors will receive par if the basket finishes flat or falls by up to 35% and will lose 1% for every 1% of decline if it declines more than 35%.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged basket-linked notes
Underlying assets:	S&P 500 index (35%), Russell 2000 index (35%), iShares MSCI Emerging Markets ETF (10%), iShares MSCI EAFE ETF (20%)
Amount:	$1.01 million
Maturity:	June 18, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus 1.185 times basket gain; par if basket finishes flat or declines by up to 35%; otherwise, 1% loss for every 1% of basket decline from initial level
Initial levels:	1,731.139 for Russell, 3,789.99 for S&P, $40.77 for EM ETF, $63.12 for EAFE ETF
Buffer level:	65% of initial level
Pricing date:	June 15
Settlement date:	June 21
Agent:	Goldman Sachs & Co. LLC
Fees:	1.12%
Cusip:	40057MEX3

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