New Issue: GS Finance sells $698,000 6.25% fixed coupon index-linked notes on Russell, Nasdaq

New York, Dec. 19 – GS Finance Corp. priced $698,000 of 6.25% fixed coupon index-linked notes due Dec. 15, 2025 linked to the Nasdaq-100 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.

Interest is payable quarterly.

The payout at maturity will be par if each index finishes at or above its 80% buffer level.

Otherwise, investors will lose 1% for every 1% decline of the worst performer beyond 20%.

Goldman Sachs & Co. is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Fixed coupon index-linked notes
Underlying indexes:	Nasdaq-100 index, Russell 2000 index
Amount:	$698,000
Maturity:	Dec. 15, 2025
Coupon:	6.25% per year, payable quarterly
Price:	Par
Payout at maturity:	If each index finishes gains or declines by no more than its buffer amount, par; otherwise, par less 1% for every 1% decline of the worst performer beyond 20%
Initial levels:	16,084.69 for Nasdaq-100, 1,880.817 for Russell
Buffer amount:	20%
Pricing date:	Dec. 8
Settlement date:	Dec. 13
Underwriter:	Goldman Sachs & Co.
Fees:	1.75%
Cusip:	40057XGK5

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