New Issue: GS Finance sells $22.16 million leveraged buffered notes linked to the Dow

By Kiku Steinfeld

Chicago, Aug. 7 – GS Finance Corp. priced $22.16 million of 0% leveraged buffered index-linked notes due July 25, 2024 tied to the Dow Jones industrial average, 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 1.25 times the index return, up to a maximum settlement amount of $1,500 for each $1,000 of notes.

Investors will receive par plus the absolute index return if the index falls up to 20% and will lose 1% for every 1% decline in the index beyond 20%.

Goldman Sachs & Co. LLC is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered index-linked notes
Underlying index:	Dow Jones industrial average
Amount:	$22,155,000
Maturity:	July 25, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.25 times any index gain, up to a maximum settlement amount of $1,500 for each $1,000 of notes; par plus the absolute index return if the index falls by up to 20%; 1% loss for every 1% decline in the index beyond 20%
Initial index level:	27,140.98
Pricing date:	July 25
Settlement date:	July 30
Underwriter:	Goldman Sachs & Co. LLC
Fees:	3.1%
Cusip:	40056FUV5

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