New Issue: GS Finance prices $10.26 million leveraged buffered index-linked notes tied to S&P 500

By Kiku Steinfeld

Chicago, Aug. 26 – GS Finance Corp. priced $10.26 million of 0% leveraged buffered index-linked notes due Aug. 4, 2021 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 closes above its initial level, par plus twice the index gain, subject to a maximum settlement amount of $1,180 per each $1,000 principal amount of notes. If the index finishes flat or falls by up to 10%, investors will receive par. Investors will lose 1.1111% for every 1% decline beyond 10%.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered index-linked notes
Underlying indexes:	S&P 500
Amount:	$10,255,000
Maturity:	Aug. 4, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If index closes above initial level, par plus twice times the index gain, subject to maximum settlement amount of $1,180 per $1,000 principal amount; if index finishes flat or falls by up to 10%, par; 1.1111% loss for every 1% decline beyond 10%
Initial index levels:	2,875.84
Pricing date:	Aug. 14
Settlement date:	Aug. 21
Underwriter:	Goldman, Sachs & Co. LLC
Fees:	1.62%
Cusip:	40056X3B0

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