New Issue: GS Finance sells $5.17 million capped gears linked to Russell 2000

By Marisa Wong

Morgantown, W.Va., Sept. 17 – GS Finance Corp. priced $5.17 million of 0% capped gears due Oct. 31, 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 plus 3 times the index gain, capped at $11.25 per $10 face amount of notes.

Otherwise, investors will be fully exposed to the index decline.

Goldman, Sachs & Co. is the underwriter with UBS Financial Services Inc. as selling agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Capped gears
Underlying index:	Russell 2000
Amount:	$5,168,010
Maturity:	Oct. 31, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 3 times any index gain, capped at par plus 12.5%; full exposure to any index decline
Initial index level:	1,728.422
Pricing date:	Aug. 28
Settlement date:	Aug. 31
Underwriter:	Goldman, Sachs & Co. with UBS Financial Services Inc. as selling agent
Fees:	2.1%, including 2% for selling concessions
Cusip:	36255U521

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