New Issue: GS Finance prices $1.99 million buffered notes linked to S&P 500

By Wendy Van Sickle

Columbus, Ohio, Oct. 30 – GS Finance Corp. priced $1.99 million of 0% buffered index-linked notes due Oct. 26, 2022 tied to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus the index return. Investors will receive par if the index falls by up to 20% and lose 1% for every 1% decline in the index beyond 20%.

Goldman Sachs & Co. is the underwriter.

Issuer:	GS Finance Corp.
Issue:	Buffered index-linked notes
Underlying index:	S&P 500 index
Amount:	$1,989,000
Maturity:	Oct. 26, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus index return; par if index falls by up to 20%; 1% loss for every 1% decline in index beyond 20%
Initial index level:	2,560.40
Pricing date:	Oct. 26
Settlement date:	Oct. 31
Underwriters:	Goldman Sachs & Co.
Fees:	4.35%
Cusip:	40054LX82

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