New Issue: GS Finance prices $728,000 leveraged buffered notes on index basket

By Sarah Lizee

Olympia, Wash., June 4 – GS Finance Corp. priced $728,000 of 0% leveraged buffered notes due June 3, 2024 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 S&P 500 index with a 60% weight, the Russell 2000 index with a 20% weight and the S&P MidCap 400 index with a 20% weight.

The payout at maturity will be par plus 1.1 times any basket gain.

Investors will receive par if the basket declines by 25% or less and will lose 1% for every 1% that it declines beyond 25%.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered notes
Underlying basket:	S&P 500 index (60% weight), Russell 2000 index (20% weight) and S&P MidCap 400 (20% weight)
Amount:	$728,000
Maturity:	June 3, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.1 times any basket gain; par if basket falls by up to 25%; 1% loss for every 1% drop beyond 25%
Initial levels:	2,783.02 for S&P 500, 1,489.952 for Russell, 1,832.77 for MidCap
Pricing date:	May 29
Settlement date:	June 3
Agent:	Goldman Sachs & Co. LLC
Fees:	0.95%
Cusip:	40056FJM8

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