New Issue: GS Finance prices $610,000 leveraged buffered index-linked notes on Russell

Chicago, Aug. 15 – GS Finance Corp. priced $610,000 of 0% leveraged buffered index-linked notes due Jan. 30, 2025 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index gains, the payout at maturity will be par plus 200% of the return of the index, capped at par plus 31%.

The payout will be par if the index declines by no more than 10%. Otherwise, investors will lose 1% for every 1% that the index declines beyond 10%.

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:	Leveraged buffered index-linked notes
Underlying index:	Russell 2000 index
Amount:	$610,000
Maturity:	Jan. 30, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If index gains, par plus 200% of index return, capped at par plus 31%; par if index declines by no more than 10%; otherwise, lose 1% for every 1% decline beyond 10%
Initial level:	1,805.246
Upside leverage:	200%
Cap:	31%
Buffer:	10%
Pricing date:	July 26
Settlement date:	July 29
Agent:	Goldman Sachs & Co. LLC
Fees:	2.79%
Cusip:	40057MK24

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