New Issue: GS Finance prices $789,000 4.5% coupon buffered notes linked to Russell

By Sarah Lizee

Olympia, Wash., Dec. 26 – GS Finance Corp. priced $789,000 of 4.5% buffered notes due Dec. 27, 2021 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable quarterly.

The payout at maturity will be par unless the underlying asset falls by more than 15%, in which case investors will be exposed to any losses beyond the buffer.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Buffered notes
Underlying asset:	Russell 2000 index
Amount:	$789,000
Maturity:	Dec. 27, 2021
Coupon:	4.5%, payable quarterly
Price:	Par
Payout at maturity:	Par unless either asset falls by more than 15%, in which case 1% loss per 1% decline beyond 15%
Initial level:	1,292.086
Pricing date:	Dec. 21
Settlement date:	Dec. 27
Agent:	Goldman Sachs & Co.
Fees:	3%
Cusip:	40056EK80

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