New Issue: GS Finance prices $18.28 million autocallable buffered notes linked to Stoxx

By Wendy Van Sickle

Columbus, Ohio, Sept. 17 – GS Finance Corp. priced $18.28 million of 0% autocallable buffered notes due Sept. 6, 2023 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Goldman Sachs Group, Inc.

The notes will be automatically called at par plus an annualized call premium of 12.5% if the index closes at or above the initial index level on any quarterly call observation date after one year.

If the notes are not called and the index return is at least equal to the initial level, the payout at maturity will be par plus 62.75%. Investors will receive par if the index falls by up to 25% and will lose 1.3333% for each 1% loss beyond 25%.

Goldman Sachs & Co. is the underwriter.

Issuer:	GS Finance Corp.
Guarantor	Goldman Sachs Group, Inc.
Issue:	Autocallable buffered index-linked notes
Underlying index:	Euro Stoxx 50
Amount:	$18.28 million
Maturity:	Sept. 6, 2023
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If index return is at least equal to initial level, $1,627.5 per each $1,000 note; if index falls by up to 25%, par; 1.3333% loss for each 1% decline beyond 25%
Call:	Automatically at par plus annualized premium of 12.5% if index closes at or above initial index level on any quarterly call observation date after one year
Initial level:	3,392.9
Pricing date:	Aug. 31
Settlement date:	Sept. 6
Agent:	Goldman, Sachs & Co.
Fees:	0.35%
Cusip:	40055QX72

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