New Issue: GS Finance sells $180,000 leveraged buffered notes linked to indexes

By Sarah Lizee

Olympia, Wash., June 27 – GS Finance Corp. priced $180,000 of 0% leveraged buffered notes due Nov. 29, 2019 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

The basket consists of the Hang Seng China Enterprises index with a 50% weight, the Nikkei 225 index with a 25% weight and the S&P/ASX 200 index with a 25% weight.

If the basket return is positive, the payout at maturity will be par plus 150% of the basket return, subject to a maximum payout of $1,186 per $1,000 of notes.

Investors will receive par if the basket declines by 10% or less and will lose 1% for every 1% that the basket declines beyond 10%.

Goldman Sachs & Co. is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered basket-linked notes
Underlying assets:	Hang Seng China Enterprises index (50% weight), Nikkei 225 index (25% weight) and S&P/ASX 200 index (25% weight)
Amount:	$180,000
Maturity:	Nov. 29, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus 150% of basket return, subject to a maximum payout of $1,186 per $1,000 of notes; par if basket declines by 10% or less; 1% loss for every 1% basket declines beyond 10%
Initial index levels:	11,208.90 for Hang Seng China Enterprises, 22,338.15 for Nikkei 225 and 6,210.408 for S&P/ASX 200
Pricing date:	June 25
Settlement date:	June 28
Agent:	Goldman Sachs & Co.
Fees:	0.35%
Cusip:	40055QFY3

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