New Issue: GS Finance sells $607,000 index-linked notes on Stoxx, Russell, S&P

By Kiku Steinfeld

Chicago, April 12 – GS Finance Corp. priced $607,000 of 0% index-linked notes due Sept. 29, 2026 tied to the Euro Stoxx 50 index, the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its initial level, the payout will be the greater of $1,570 per $1,000 note and par plus the return of the least performing index.

If the least performing index falls by up to 30%, the payout will be par plus the absolute value of the least performing return.

Otherwise, investors will lose 1% for every 1% decline of the least performing index.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying indexes:	Russell 2000, S&P 500, Euro Stoxx 50
Amount:	$607,000
Maturity:	Sept. 29, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above its initial level, par plus the greater of 57% and the return of the least performing index; if least performing index falls by up to 30%, par plus the absolute value of the least performing underlier return; otherwise, 1% loss for every 1% decline of least performing index
Initial index levels:	2,248.075 for Russell, 4,455.48 for S&P, 4,158.51 for Stoxx
Barrier level:	70% of initial index levels
Pricing date:	Sept. 24
Settlement date:	Sept. 29
Agent:	Goldman Sachs & Co. LLC
Fees:	1.03%
Cusip:	40057JMH6

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