New Issue: GS Finance sells $6.83 million leveraged basket-linked notes on 60 stocks

By Sarah Lizee

Olympia, Wash., Sept. 15 – GS Finance Corp. priced $6.83 million of 0% leveraged basket-linked notes due Sept. 20, 2021 linked to an unequally weighted basket of 60 stocks, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of 3M Co. (2.88% weight), Accenture plc (1.35% weight), Acuity Brands, Inc. (1.34% weight), Agilent Technologies, Inc. (2.37% weight), American Express Co. (2.87% weight), Amn Healthcare Services, Inc. (0.56% weight), Applied Materials, Inc. (2.92% weight), Avis Budget Group, Inc. (1.93% weight), Baker Hughes Co. (1.55% weight), Best Buy Co., Inc. (3.34% weight), BlackRock, Inc. (2.91% weight), Boise Cascade Co. (0.2% weight), Bunge Ltd. (0.92% weight), CBRE Group, Inc. (1.3% weight), Cisco Systems Inc. (0.76% weight), Coherent, Inc. (0.35% weight), CommScope Holding Co., Inc. (0.22% weight), Cubic Corp. (0.4% weight), Cummins Inc. (3.16% weight), Deckers Outdoor Corp. (1.15% weight), Ecolab Inc. (2.64% weight), Edwards Lifesciences Corp. (2.86% weight), Expeditors International Washington, Inc. (1.45% weight), GenMark Diagnostics, Inc. (0.46% weight), Hasbro, Inc. (1.08% weight), Henry Schein, Inc. (1.44% weight), Hewlett Packard Enterprise Co. (1.66% weight), IMAX Corp. (0.23% weight), iRobot Corp. (1.07% weight), Iron Mountain Inc. (1.59% weight), Johnson Controls International plc (3.14% weight), Kansas City Southern (3.14% weight), KAR Auction Services, Inc. (0.71% weight), Kellogg Co. (2.29% weight), Keysight Technologies, Inc. (2.49% weight), Kimberly-Clark Corp. (2.91% weight), Kosmos Energy Ltd. (0.25% weight), Microsoft Corp. (3.01% weight), Molson Coors Beverage Co. (1.35% weight), National Instruments Corp. (0.28% weight), Northern Trust Corp. (2.28% weight), Nvidia Corp. (3.54% weight), Owens Corning (1.05% weight), Patterson Cos., Inc. (0.51% weight), PVH Corp. (1.36% weight), Quanta Services, Inc. (0.94% weight), R1 RCM Inc. (0.23% weight), Ryder System, Inc. (0.36% weight), salesforce.com, inc. (3.13% weight), ShockWave Medical, Inc. (0.38% weight), State Street Corp. (2.71% weight), Teladoc Health, Inc. (2.98% weight), Teradata Corp. (0.5% weight), Bank of New York Mellon Corp. (2.8% weight), Gap, Inc. (3.25% weight), Tiffany & Co. (2.87% weight), Vail Resorts, Inc. (1.48% weight), Vapotherm, Inc. (0.26% weight), Xylem Inc. (1.6% weight) and YETI Holdings, Inc. (1.24% weight).

If the basket return is positive, the payout at maturity will be par plus 1.25 times the basket return up to $1,098 for each $1,000 note.

If the basket declines by up to 20%, the payout will be par.

If the basket declines by more than 20%, the payout will be par plus the return of the basket.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged basket-linked notes
Underlying stocks:	3M Co. (2.88% weight), Accenture plc (1.35% weight), Acuity Brands, Inc. (1.34% weight), Agilent Technologies, Inc. (2.37% weight), American Express Co. (2.87% weight), Amn Healthcare Services, Inc. (0.56% weight), Applied Materials, Inc. (2.92% weight), Avis Budget Group, Inc. (1.93% weight), Baker Hughes Co. (1.55% weight), Best Buy Co., Inc. (3.34% weight), BlackRock, Inc. (2.91% weight), Boise Cascade Co. (0.2% weight), Bunge Ltd. (0.92% weight), CBRE Group, Inc. (1.3% weight), Cisco Systems Inc. (0.76% weight), Coherent, Inc. (0.35% weight), CommScope Holding Co., Inc. (0.22% weight), Cubic Corp. (0.4% weight), Cummins Inc. (3.16% weight), Deckers Outdoor Corp. (1.15% weight), Ecolab Inc. (2.64% weight), Edwards Lifesciences Corp. (2.86% weight), Expeditors International Washington, Inc. (1.45% weight), GenMark Diagnostics, Inc. (0.46% weight), Hasbro, Inc. (1.08% weight), Henry Schein, Inc. (1.44% weight), Hewlett Packard Enterprise Co. (1.66% weight), IMAX Corp. (0.23% weight), iRobot Corp. (1.07% weight), Iron Mountain Inc. (1.59% weight), Johnson Controls International plc (3.14% weight), Kansas City Southern (3.14% weight), KAR Auction Services, Inc. (0.71% weight), Kellogg Co. (2.29% weight), Keysight Technologies, Inc. (2.49% weight), Kimberly-Clark Corp. (2.91% weight), Kosmos Energy Ltd. (0.25% weight), Microsoft Corp. (3.01% weight), Molson Coors Beverage Co. (1.35% weight), National Instruments Corp. (0.28% weight), Northern Trust Corp. (2.28% weight), Nvidia Corp. (3.54% weight), Owens Corning (1.05% weight), Patterson Cos., Inc. (0.51% weight), PVH Corp. (1.36% weight), Quanta Services, Inc. (0.94% weight), R1 RCM Inc. (0.23% weight), Ryder System, Inc. (0.36% weight), salesforce.com, inc. (3.13% weight), ShockWave Medical, Inc. (0.38% weight), State Street Corp. (2.71% weight), Teladoc Health, Inc. (2.98% weight), Teradata Corp. (0.5% weight), Bank of New York Mellon Corp. (2.8% weight), Gap, Inc. (3.25% weight), Tiffany & Co. (2.87% weight), Vail Resorts, Inc. (1.48% weight), Vapotherm, Inc. (0.26% weight), Xylem Inc. (1.6% weight) and YETI Holdings, Inc. (1.24% weight)
Amount:	$6,825,000
Maturity:	Sept. 20, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus 1.25 times the basket return up to $1,098 for each $1,000 note; if the basket declines by up to 20%, par; otherwise, par plus the return of the basket
Barrier level:	80% of initial basket level
Pricing date:	Sept. 8
Settlement date:	Sept. 11
Agent:	Goldman Sachs & Co. LLC
Fees:	0.6%
Cusip:	40057CQ46

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