New Issue: GS Finance sells $2.01 million leveraged buffered notes on S&P MidCap

By Marisa Wong

Morgantown, W.Va., June 27 – GS Finance Corp. priced $2.01 million of 0% leveraged buffered index-linked notes due Dec. 24, 2020 tied to the S&P MidCap 400 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 payout at maturity will be par plus 150% of the index return, subject to a maximum payment of $1,270 per $1,000 principal amount. Investors will receive par if the index falls by up to 20% and lose 1.25% for every 1% decline in the index beyond 20%.

Goldman, Sachs & Co. is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered index-linked notes
Underlying index:	S&P MidCap 400
Amount:	$2.01 million
Maturity:	Dec. 24, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 150% of index return, subject to maximum payment of $1,270 per $1,000 principal amount; par if index falls by up to 20%; 1.25% loss for every 1% decline in index beyond 20%
Initial index level:	1,991.39
Pricing date:	June 19
Settlement date:	June 22
Underwriter:	Goldman, Sachs & Co.
Fees:	0.175%
Cusip:	40055QGF3

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