New Issue: GS Finance sells $2.1 million leveraged buffered basket-linked notes

By William Gullotti

Buffalo, N.Y., June 13 – GS Finance Corp. priced $2.1 million of 0% leveraged buffered notes due Nov. 29, 2024 linked to a weighted basket of indexes, 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 26% weight, the FTSE 100 index with a 17% weight, the Swiss Market index with a 12% weight and the S&P/ASX 200 index with a 9% weight.

The payout at maturity will be par plus 1.3536 times the basket gain.

Investors will receive par if the basket finishes flat or falls by up to 10% and will lose 1.1111% for every 1% decline beyond 10%.

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 buffered index-linked notes
Underlying assets:	Euro Stoxx 50 index (36%), Topix index (26%), FTSE 100 index (17%), Swiss Market index (12%), S&P/ASX 200 index (9%)
Amount:	$2,097,000
Maturity:	Nov. 29, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus 1.3536 times basket gain; par if basket finishes flat or declines by up to 10%; otherwise, 1.1111% loss for every 1% decline beyond 10%
Initial levels:	4,337.5 for Stoxx, 2,145.84 for Topix, 7,627.2 for FTSE, 11,434.24 for Swiss Market, 7,154.755 for S&P/ASX 200
Buffer level:	90% of initial level
Pricing date:	May 26
Settlement date:	June 5
Agent:	Goldman Sachs & Co. LLC
Fees:	1.13%
Cusip:	40057RYL6

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