New Issue: GS Finance prices $2.6 million 7.6% fixed-coupon index-linked notes on S&P, Russell

By Kiku Steinfeld

Chicago, Nov. 4 – GS Finance Corp. priced $2.6 million of 7.6% fixed-coupon index-linked notes due Jan. 24, 2022 linked to the lesser performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

Interest is payable monthly.

The payout at maturity will be par unless either index finishes below its initial level and either index ever closes below its trigger buffer level, 68.5% of its initial level, in which case investors will be fully exposed to the loss of the least performing index.

Goldman Sachs & Co. is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Fixed-coupon index-linked notes
Underlying indexes:	S&P 500, Russell 2000
Amount:	$2,600,000
Maturity:	Jan. 24, 2022
Coupon:	7.6%, payable monthly
Price:	Par
Payout at maturity:	Par unless either index finishes below initial level and ever closes below trigger buffer level, in which case full exposure to loss
Initial levels:	3,465.39 for S&P, 1,640.502 for Russell
Trigger buffer levels:	68.5% of initial levels
Pricing date:	Oct. 23
Settlement date:	Oct. 28
Agent:	Goldman Sachs & Co.
Fees:	0.85%
Cusip:	40057EFK8

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