New Issue: Goldman prices $5.39 million buffered notes linked to S&P 500

By Wendy Van Sickle

Columbus, Ohio, Aug. 8 – GS Finance Corp. priced $5.39 million of 0% buffered notes due July 31, 2023 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus any index.

Investors will receive par if the index falls by up to 32.5% and will lose 1% for each 1% decline beyond the buffer.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Buffered notes
Underlying index:	S&P 500
Amount:	$5,389,000
Maturity:	July 31, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any index gain; par if index falls by up to 32.5%; otherwise, 1% loss per 1% decline beyond 32.5%
Initial level:	2,837.44
Pricing date:	July 26
Settlement date:	July 31
Underwriter:	Goldman Sachs & Co. LLC
Fees:	4.35%
Cusip:	40055QHW5

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