New Issue: GS Finance prices $30.9 million leveraged basket-linked notes

By Wendy Van Sickle

Columbus, Ohio, Aug. 13 – GS Finance Corp. priced $30.9 million of 0% leveraged notes due Aug. 2, 2023 linked to a weighted basket, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 36% weight, the Topix index with a 29% weight, the FTSE 100 index with a 16% weight, the Swiss Market index with an 11% weight and the S&P/ASX 200 index with an 8% weight.

The payout at maturity will be par plus 3 times the basket gain, subject to a maximum payout of par plus 30.24%.

Investors will receive par if the basket finishes flat or falls by up to 25% and will lose 1% for every 1% of decline if it declines more than 25%.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged basket-linked notes
Underlying assets:	Euro Stoxx 50 (36% weight), Topix (29% weight), FTSE 100 (16% weight), Swiss Market (11% weight), S&P/ASX 200 (8% weight)
Amount:	$30.9 million
Maturity:	Aug. 2, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus 3 times basket gain, up to par plus 30.24%; par if basket finishes flat or declines by up to 25%; 1% loss for every 1% of basket decline from initial level
Initial levels:	4,116.62 for Stoxx, 7,081.72 for FTSE, 1,940.05 for Topix, 12,171.02 for Swiss Market, 7,491.449 for S&P/ASX
Buffer level:	75% of initial level
Pricing date:	Aug. 2
Settlement date:	Aug. 9
Agent:	Goldman Sachs & Co. LLC
Fees:	1.5%
Cusip:	40057J2N5

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