New Issue: GS Finance prices $325,000 notes due 2020 linked to S&P 500

By Kristen Daniels

New York, Jan. 16 – GS Finance Corp. priced $325,000 of notes due Jan. 29, 2020 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index return is positive or if the index falls by more than 17.15% the payout at maturity will be par.

If the index return is negative and falls no more than 17.15%, the payout will be par plus the absolute value of the index return.

JPMorgan is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Notes
Underlying index:	S&P 500
Amount:	$325,000
Maturity:	Jan. 29, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If the index return is positive or falls by more than 17.15%, par; if the index falls by up to 17.15%, par plus the absolute value of the index return
Initial index level:	2,596.26
Pricing date:	Jan. 11
Settlement date:	Jan. 16
Agent:	JPMorgan
Fees:	1.1%
Cusip:	40056ET73

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