New Issue: GS Finance prices $1.06 million leveraged buffered index-linked notes on S&P Value

By William Gullotti

Buffalo, N.Y., July 11 – GS Finance Corp. priced $1.06 million of 0% leveraged buffered index-linked notes due July 5, 2024 tied to the S&P 500 Value 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, investors will receive par plus 200% of the index gain, capped at par plus 25%.

If the index return is flat or falls by up to 10%, investors will receive par. Investors will lose 1% for every 1% decline beyond 10%.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered index-linked notes
Underlying index:	S&P 500 Value index
Amount:	$1,063,000
Maturity:	July 5, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of the index gain, capped at par plus 25%; if index return is flat or falls by up to 10%, par; 1% loss for every 1% decline beyond 10%
Initial index level:	1,356.76
Buffer level:	90% of initial level
Pricing date:	June 30
Settlement date:	July 6
Agent:	Goldman Sachs & Co. LLC
Fees:	0.8%
Cusip:	40057MA41

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