New Issue: GS Finance prices $3.55 million trigger notes linked to Nikkei 225

By Marisa Wong

Morgantown, W.Va., Nov. 17 – GS Finance Corp. priced $3.55 million of 0% trigger notes due Nov. 18, 2021 linked to the Nikkei 225 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the final index level is greater than or equal to 75% of the initial index level, the payout at maturity will be par plus the greater of 1.33 times the index return and zero. Otherwise, investors will lose 1% for every 1% that the final index level is less than the initial index level.

Goldman Sachs & Co. is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Trigger notes
Underlying index:	Nikkei 225
Amount:	$3.55 million
Maturity:	Nov. 18, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If the final index level is greater than or equal to 75% of the initial index level, par plus the greater of 1.33 times the index return and zero; otherwise, 1% loss for every 1% that the final index level is less than the initial index level
Initial index level:	22,681.42
Pricing date:	Nov. 10
Settlement date:	Nov. 17
Underwriter:	Goldman, Sachs & Co.
Fees:	3.3%
Cusip:	40055A3T2

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