New Issue: GS Finance prices $500,000 leveraged notes due 2024 tied to S&P 500

By Sarah Lizee

Olympia, Wash., June 1 – GS Finance Corp. priced $500,000 of 0% leveraged index-linked notes due June 5, 2024 tied to the S&P 500 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 1.65 times the index return.

Investors will lose 1% for every 1% decline in the index below its initial level.

Goldman, Sachs & Co. is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged index-linked notes
Underlying index:	S&P 500
Amount:	$500,000
Maturity:	June 5, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 1.65 times the index return; 1% loss for every 1% decline in the index below its initial level
Initial index level:	2,689.86
Pricing date:	May 29
Settlement date:	June 5
Underwriter:	Goldman, Sachs & Co.
Fees:	0.375%
Cusip:	40055QAX0

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