New Issue: GS Finance sells $2.16 million leveraged buffered notes on Emerging Markets ETF

By Wendy Van Sickle

Columbus, Ohio, June 13 – GS Finance Corp. priced $2.16 million of 0% leveraged buffered notes due Dec. 17, 2020 linked to the iShares MSCI Emerging Markets ETF, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

The payout at maturity will be par plus 2 times any ETF gain, capped at $1,181 per $1,000 of notes.

Investors will receive par if the ETF falls by up to 15% and will lose 1% for every 1% decline beyond 15%.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered notes
Underlying ETF:	iShares MSCI Emerging Markets ETF
Amount:	$2,155,000
Maturity:	Dec. 17, 2020
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	Par plus 2 times any ETF gain, capped at $1,181 per $1,000 of notes; par if the ETF falls by up to 15%; 1% loss for every 1% decline beyond 15%
Initial level:	$41.61
Pricing date:	June 10
Settlement date:	June 17
Agents:	Goldman Sachs & Co. LLC
Fees:	0.15%
Cusip:	40056FJB2

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