New Issue: GS Finance sells $4.63 million index-linked notes on S&P 500

By Kiku Steinfeld

Chicago, Nov. 9 – GS Finance Corp. priced $4.63 million of 0% index-linked notes due Dec. 20, 2022 tied to S&P 500 index, according to a 424B2 filing with Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If index return is positive, payout at maturity will be par plus index return, subject to a maximum settlement amount of $1,180 per $1,000 principal amount of notes. If index return is zero or negative, investors will lose 1% for each 1% decline of the index.

The initial index level will be the lowest of the closing levels of the index during the period from and including the pricing date to and including Dec. 30.

Goldman Sachs & Co. LLC is agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying index:	S&P 500
Amount:	$4,625,000
Maturity:	Dec. 20, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus index return, capped at $1,180 per $1,000 of notes; if index return is zero or negative, 1% loss for each 1% decline of the index
Initial index level:	Lowest of closing levels of index during period from and including pricing date to and including Dec. 30
Pricing date:	Oct. 30
Settlement date:	Nov. 6
Agent:	Goldman Sachs & Co. LLC
Fees:	1.565%
Cusip:	40057EG43

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