New Issue: GS Finance sells $1.5 million index-linked notes on S&P, Russell

Chicago, Oct. 19 – GS Finance Corp. priced $1.5 million of 0% index-linked notes due Oct. 16, 2025 tied 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 both indexes finish above their 75% barrier levels, the payout at maturity will be par plus 22%.

Otherwise, investors will be fully exposed to the losses of the worst performer.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying indexes:	S&P 500 index and the Russell 2000 index
Amount:	$1,504,000
Maturity:	Oct. 16, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 22% if both indexes close above barrier levels; otherwise, full exposure to losses of worst performer
Initial levels:	4,327.78 for S&P and 1,719.711 for Russell
Barrier levels:	75% of initial levels
Pricing date:	Oct. 13
Settlement date:	Oct. 18
Agent:	Goldman Sachs & Co. LLC
Fees:	0.8%
Cusip:	40057WF36

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