New Issue: GS Finance sells $536,000 index-linked notes on Nasdaq, S&P

By Wendy Van Sickle

Columbus, Ohio, Sept. 2 – GS Finance Corp. priced $536,000 of 0% index-linked notes due Aug. 31, 2022 tied to the S&P 500 index and the Nasdaq-100 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 its initial level, the payout at maturity will be par plus the least performing index return, capped at 18%.

If either index finishes below the initial underlier level by up to 25%, the payout will be par.

Otherwise, investors will be exposed to the decline of the least performing index.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying indexes:	S&P 500 index and Nasdaq-100 index
Amount:	$536,000
Maturity:	Aug. 31, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above its initial level, par plus the least performing index return, capped at 18%; if either index finishes below the initial underlier level by up to 25%, par; otherwise, investors will be exposed to the decline of the least performing index
Initial index levels:	11,971.94 for Nasdaq, 3,478.73 for S&P
Pricing date:	Aug. 26
Settlement date:	Aug. 31
Agent:	Goldman Sachs & Co. LLC
Fees:	2.975%
Cusip:	40057CKE0

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