New Issue: GS Finance prices $1.6 million leveraged buffered basket-linked notes

Chicago, Oct. 19 – GS Finance Corp. priced $1.6 million of 0% leveraged buffered notes due Oct. 21, 2025 linked to an equally-weighted basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the S&P 500 index with a 35% weight, the Russell 2000 index with a 20% weight, the Nasdaq-100 index with a 15% weight, the Euro Stoxx 50 index with a 15% weight and the iShares MSCI Emerging Markets ETF with a 15% weight.

The payout at maturity will be par plus two times the basket gain, capped at par plus 30.5%.

Investors will receive par if the basket finishes flat or falls by up to 10% and will lose 1% for every 1% decline 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 notes
Underlying basket:	S&P 500 index (35% weight), Russell 2000 index (20% weight), Nasdaq-100 index (15% weight), Euro Stoxx 50 index (15% weight) and iShares MSCI Emerging Markets ETF (15% weight)
Amount:	$1,602,000
Maturity:	Oct. 21, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus two times basket gain, capped at par plus 30.5%; par if basket finishes flat or declines by up to 10%; 1% loss for every 1% decline beyond 10%
Initial levels:	4,327.78 for S&P, 1,719.711 for Russell, 14,995.12 for Nasdaq, 4,136.12 for Stoxx, $37.86 for EM ETF
Buffer level:	90% of initial level
Pricing date:	Oct. 13
Settlement date:	Oct. 18
Agent:	Goldman Sachs & Co. LLC
Fees:	0.8%
Cusip:	40057WLX3

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