New Issue: Goldman prices $964,000 leveraged buffered index-linked notes tied to S&P 500

By Kiku Steinfeld

Chicago, July 15 – GS Finance Corp. priced $964,000 of 0% leveraged buffered index-linked notes due July 3, 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 notes will pay par plus 1.17 times the index gain.

If the index return is flat or falls by up to 25%, investors will receive par. Investors will lose 1% for every 1% decline beyond 25%.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Issue:	Leveraged buffered index-linked notes
Underlying index:	S&P 500
Amount:	$964,000
Maturity:	July 3, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 1.17 times the index gain; if index return is flat or falls by up to 25%, par; 1% loss for every 1% decline beyond 25%
Initial index level:	2,941.76 for S&P
Pricing date:	June 28
Settlement date:	July 3
Underwriter:	Goldman, Sachs & Co. LLC
Fees:	1.15%
Cusip:	40056FMS1

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