New Issue: GS Finance prices $485,000 leveraged buffered notes on MSCI ACWI

By Marisa Wong

Morgantown, W.Va., March 27 – GS Finance Corp. priced $485,000 of 0% leveraged buffered notes due March 24, 2022 tied to the MSCI ACWI 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 at maturity will be par plus 156% of the index return. Investors will receive par if the index falls by up to 10% and lose 1% for every 1% decline in the index beyond 10%.

Goldman, Sachs & Co. is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered notes
Underlying index:	MSCI ACWI index
Amount:	$485,000
Maturity:	March 24, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 156% of the index gain; par if index falls by up to 10%; 1% loss for every 1% decline in index beyond 10%
Initial index level:	451.06
Pricing date:	March 20
Settlement date:	March 23
Underwriter:	Goldman, Sachs & Co.
Fees:	0.6%
Cusip:	40054L2N3

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