New Issue: GS Finance sells $7.63 million index-linked notes on Stoxx 50, MSCI EAFE

By William Gullotti

Buffalo, N.Y., Sept. 21 – GS Finance Corp. priced $7.63 million of 0% index-linked notes due July 3, 2025 linked to the least performing of the Euro Stoxx 50 index and the MSCI EAFE 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 1.82 times the return of the least performing index.

If the least performing index falls by up to 20%, the payout will be par. Otherwise, investors will be fully exposed to the decline of the worst performer from its initial level.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying indexes:	Euro Stoxx 50 index, MSCI EAFE index
Amount:	$7,632,000
Maturity:	July 3, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If the return of each index is zero or positive, par plus 1.82 times the return of the least performing index; if any index falls but the final underlier level of each is greater than or equal to the 80% trigger buffer level, par; if any index falls by more than 20%, investors will be fully exposed to the decline of the worst performer from its initial level
Initial levels:	4,107.51 for Stoxx, 2,326.31 for EAFE
Trigger buffer levels:	80% of initial levels
Pricing date:	June 29
Settlement date:	July 2
Agent:	Goldman Sachs & Co. LLC
Fees:	0.35%
Cusip:	40057HSY7

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