New Issue: GS Finance sells $864,000 index-linked notes due 2024 tied to Stoxx 50

By Sarah Lizee

Olympia, Wash., July 24 – GS Finance Corp. priced $864,000 of 0% index-linked notes due July 29, 2024 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than or equal to the initial index level, the payout at maturity will be the threshold settlement amount of $2,135 per $1,000 of notes.

If the index declines by up to 40%, the payout will be par. Otherwise, investors will be exposed to any losses.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. is the underwriter.

Issuer:	GS Finance Corp.
Issue:	Index-linked notes
Underlying index:	Euro Stoxx 50
Amount:	$864,000
Maturity:	July 29, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is greater than or equal to the initial index level, threshold settlement amount of $2,135 per $1,000 of notes; if index declines by up to 40%, par; otherwise, investors will be exposed to any losses
Initial index level:	3,460.03
Pricing date:	July 20
Settlement date:	July 27
Underwriter:	Goldman Sachs & Co.
Fees:	0.375%
Cusip:	40055QKU5

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