New Issue: GS Finance sells $2 million buffered PLUS linked to Russell 2000

By Wendy Van Sickle

Columbus, Ohio, May 21 – GS Finance Corp. priced $2 million of 0% buffered Performance Leveraged Upside Securities due Sept. 5, 2019 linked 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.

If the index return is positive, the payout at maturity will be par of $10 plus 300% of the index return, up to a 15.3% maximum return.

Investors will be fully exposed to any index decline.

Goldman Sachs & Co. is the agent, with Morgan Stanley Wealth Management handling distribution.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Buffered Performance Leveraged Upside Securities
Underlying index:	Russell 2000
Amount:	$2,001,820
Maturity:	Sept. 5, 2019
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If the index return is positive, par plus 300% of the index return, up to a 15.3% maximum return; full exposure to any index decline
Initial index level:	1,616.367
Pricing date:	May 16
Settlement date:	May 21
Underwriter:	Goldman, Sachs & Co.
Distribution:	Morgan Stanley Wealth Management
Fees:	2.35%
Cusip:	36254G515

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