New Issue: GS Finance sells $250,000 notes linked to two Stoxx indexes

By Kiku Steinfeld

Chicago, Dec. 9 – GS Finance Corp. priced $250,000 of 0% index-linked notes due Aug. 27, 2026 tied to the Euro Stoxx 50 index and the Stoxx Europe 600 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If each index finishes at or above 80% of its initial level, the payout will be par plus the greater of the return of the lesser performing index and 37.8%.

Otherwise, investors will lose 1% for every 1% decline of the lesser performing index.

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 and Stoxx Europe 600 index
Amount:	$250,000
Maturity:	Aug. 27, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above 80% of its initial level, par plus greater of the return of the lesser performing index and 37.8%; otherwise, investors will lose 1% for every 1% decline of the lesser performing index
Initial index levels:	4,147.50 for Stoxx 50, 468.80 for Stoxx Europe
Trigger buffer levels:	80% of initial levels
Pricing date:	Aug. 20
Settlement date:	Aug. 27
Agent:	Goldman Sachs & Co. LLC
Fees:	0%
Cusip:	40057J6U5

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