New Issue: GS Finance sells $974,000 of notes due Oct. 30, 2024 tied to Dow Jones

By Devika Patel

Knoxville, Tenn., Oct. 27 – GS Finance Corp. priced $974,000 of 0% notes due Oct. 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 index return, subject to a maximum settlement amount of $1,600 per $1,000 of notes. Otherwise, investors will receive 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:	$974,000
Maturity:	Oct. 30, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus index gain, capped at $1,600 per $1,000 of notes; otherwise, par
Initial level:	18,169.27
Pricing date:	Oct. 25
Settlement date:	Oct. 28
Agent:	Goldman, Sachs & Co.
Fees:	4.4%
Cusip:	40054KL87

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