New Issue: GS Finance sells $2.3 million index-linked notes on EAFE, Stoxx

By Wendy Van Sickle

Columbus, Ohio, Sept. 8 – GS Finance Corp. priced $2.3 million of 0% index-linked notes due March 2, 2023 linked to the least performing of the MSCI EAFE index and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the return of each index is zero or positive, the payout at maturity will be par plus three times the return of the lesser performing index up to $1,110 for each $1,000 face amount.

If the least performing index falls by up to 10%, the payout will be par. Otherwise, investors will lose 1% for every 1% decline of the worst performer beyond 10%.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying indexes:	MSCI EAFE index, Euro Stoxx 50 index
Amount:	$2,297,000
Maturity:	March 2, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If the return of each index is zero or positive, par plus three times the return of the lesser performing index up to $1,110 for each $1,000 face amount; if any index falls but the final underlier level of each is greater than or equal to the 90% trigger buffer level, par; otherwise, investors will lose 1% for every 1% decline of the worst performer beyond 10%
Initial levels:	2,349.46 for EAFE, 4,190.98 for Stoxx
Trigger buffer levels:	90% of initial levels
Pricing date:	Aug. 27
Settlement date:	Sept. 1
Agent:	Goldman Sachs & Co. LLC
Fees:	2.225%
Cusip:	40057JA71

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