New Issue: GS Finance prices $1.5 million digital index-linked notes on Nasdaq-100

Chicago, July 22 – GS Finance Corp. priced $1.5 million of 0% digital index-linked notes due Oct. 23, 2023 linked to the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index finishes at or above its threshold level, 70% of initial level, the payout at maturity will be par plus 8.95%.

Otherwise, investors will lose 1.4286% for every 1% that the index declines beyond 30%.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Digital index-linked notes
Underlying index:	Nasdaq-100 index
Amount:	$1,500,000
Maturity:	Oct. 23, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above threshold level, par plus 8.95%; otherwise, 1.4286% loss for every 1% of index decline beyond 30%
Initial index level:	12,249.42
Threshold level:	70% of initial level
Pricing date:	July 19
Settlement date:	July 26
Agent:	Goldman Sachs & Co. LLC
Fees:	0.94%
Cusip:	40057MNY1

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