New Issue: GS Finance sells $1.22 million index-linked notes on Nasdaq, S&P, Dow

Chicago, Aug. 5 – GS Finance Corp. priced $1.22 million of 0% index-linked notes due Aug. 1, 2024 linked to the least performing of the Nasdaq-100 index, the S&P 500 index and the Dow Jones industrial average, 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 zero or positive, the payout at maturity will be par plus two times the return of the least performing index, capped at par plus 42.35%.

If the least performing index falls by up to 10%, the payout will be par. Otherwise, investors will be exposed to any losses of the worst performing index beyond the 10% buffer.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying indexes:	Nasdaq-100 index, S&P 500 index, Dow Jones industrial average
Amount:	$1,223,000
Maturity:	Aug. 1, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If the return of each index is zero or positive, par plus two times the return of the least performing index, capped at par plus 42.35%; if any index falls but the final underlier level of each is greater than or equal to the 90% buffer level, par; if any index falls by more than 10%, investors will be exposed to the decline of the worst performing index beyond the buffer
Initial levels:	12,947.9 for Nasdaq, 4,130.29 for S&P, 32,845.13 for Dow
Buffer levels:	90% of initial levels
Pricing date:	July 29
Settlement date:	Aug. 3
Agent:	Goldman Sachs & Co. LLC
Fees:	0.15%
Cusip:	40057ML49

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