New Issue: GS Finance sells $10 million index-linked notes on S&P 500, Russell 2000

By Wendy Van Sickle

Columbus, Ohio, Nov. 5 – GS Finance Corp. priced $10 million of 0% index-linked notes due Nov. 17, 2022 linked to the least 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.

If the return of each index is at least 75% of its initial level, the payout at maturity will be par plus 7.45%.

Otherwise, investors will be fully exposed to any losses of the worst performing index from its initial level.

Goldman Sachs & Co. LLC is the agent with JPMorgan as placement agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying indexes:	S&P 500 index, Russell 2000 index
Amount:	$10 million
Maturity:	Nov. 17, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If the return of each index is at least 75% of initial level, par plus 7.45%; otherwise, full exposure to loss
Initial levels:	4,596.59 for S&P, 2,349.4 for Russell
Pricing date:	Nov. 2
Settlement date:	Nov. 5
Agent:	Goldman Sachs & Co. LLC with JPMorgan as placement agent
Fees:	0.4%
Cusip:	40057K2U6

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