New Issue: GS Finance sells $2.82 million index-linked notes on Nasdaq, S&P

By Kiku Steinfeld

Chicago, Sept. 14 – GS Finance Corp. priced $2.82 million of 0% index-linked notes due Sept. 6, 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 28.5%.

If either index finishes below the initial underlier level by up to 25%, the payout will be par plus the absolute value of the lesser-performing index’s return.

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:	$2,821,000
Maturity:	Sept. 6, 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 28.5%; if either index finishes below the initial underlier level by up to 25%, plus the absolute value of the lesser-performing index’s return; otherwise, investors will be exposed to the decline of the least performing index
Initial index levels:	12,110.700 for Nasdaq, 3,500.31 for S&P
Threshold:	75% of initial levels
Pricing date:	Aug. 31
Settlement date:	Sept. 3
Agent:	Goldman Sachs & Co. LLC
Fees:	1.225%
Cusip:	40057CKF7

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