New Issue: GS Finance sells $497,000 index-linked notes on Dow, S&P

By Wendy Van Sickle

Columbus, Ohio, Aug. 11 – GS Finance Corp. priced $497,000 of 0% index-linked notes due Aug. 3, 2023 tied to the Dow Jones industrial average and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its initial level, the payout will be par plus 1.1 times the lesser performing index return.

If the lesser performing index falls by up to 10%, the payout will be par.

Investors will lose 1% for every 1% decline of the lesser performing index beyond 10%.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying indexes:	Dow Jones industrial average, S&P 500 index
Amount:	$497,000
Maturity:	Aug. 3, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above its initial level, par plus 1.1 times lesser performing index return; if the lesser performing index falls by up to 10%, par; 1% loss for every 1% decline of the lesser performing index beyond 10%
Initial index levels:	26,428.32 for Dow, 3,271.12 for S&P
Pricing date:	July 31
Settlement date:	Aug. 5
Underwriter:	Goldman Sachs & Co. LLC
Fees:	Up to1.675%
Cusip:	40057CDF5

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