New Issue: GS Finance prices $72.13 million digital index-linked notes on Russell 2000

By Wendy Van Sickle

Columbus, Ohio, Nov. 5 – GS Finance Corp. priced $72.13 million of 0% digital index-linked notes due Feb. 3, 2023 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index return is greater than or equal to negative 10%, the payout at maturity will be $1,094 per $1,000 principal amount of notes. Otherwise, investors will lose 1.1111% for every 1% that the index declines beyond 10%.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Digital index-linked notes
Underlying index:	Russell 2000 index
Amount:	$72.13 million
Maturity:	Feb. 3, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is greater than or equal to negative 10%, par plus 9.4%; otherwise, 1.1111% loss for every 1% that index declines beyond 10%
Initial index level:	2,361.855
Buffer level:	90% of initial level
Pricing date:	Nov. 2
Settlement date:	Nov. 9
Agent:	Goldman Sachs & Co. LLC
Fees:	0.69%
Cusip:	40057K3C5

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