New Issue: GS Finance prices $716,000 eight-year capped notes linked to the Dow

By Marisa Wong

Morgantown, W.Va., July 27 – GS Finance Corp. priced $716,000 of 0% notes due July 30, 2024 linked to the Dow Jones industrial average, 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, the payout at maturity will be par plus the return, subject to a maximum settlement amount of $1,650 per $1,000 principal amount.

If the index return is zero or negative, the payout will be par.

Goldman Sachs & Co. is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying index:	Dow Jones industrial average
Amount:	$716,000
Maturity:	July 30, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus gain, capped at 65%; if index return is zero or negative, par
Initial level:	18,493.06
Pricing date:	July 25
Settlement date:	July 28
Agent:	Goldman, Sachs & Co.
Fees:	4.4%
Cusip:	40054KFB7

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