New Issue: GS Finance prices $1.62 million leveraged notes linked to Dow

By Angela McDaniels

Tacoma, Wash., Sept. 28 – GS Finance Corp. priced $1.62 million of 0% leveraged notes due Sept. 30, 2022 linked to the Dow Jones industrial average, 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 1.3 times the index return. If the index declines by 30% or less, the payout will be par plus the absolute value of the index return. If the index declines by more than 30%, investors will lose 1% for every 1% that the index declines from its initial level.

Goldman Sachs & Co. is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged index-linked notes
Underlying index:	Dow Jones industrial average
Amount:	$1,624,000
Maturity:	Sept. 30, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 1.3 times index return; if index declines by 30% or less, par plus absolute value of index return; if index declines by more than 30%, 1% loss for every 1% that index declines from initial level
Initial index level:	18,261.45
Pricing date:	Sept. 23
Settlement date:	Sept. 30
Agent:	Goldman Sachs & Co.
Fees:	3.625%
Cusip:	40054KJ80

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