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Published on 1/8/2020 in the Prospect News Structured Products Daily.

New Issue: GS Finance prices $587,000 notes linked to National Defense index

By Wendy Van Sickle

Columbus, Ohio, Jan. 8 – GS Finance Corp. priced $587,000 of 0% notes due Jan. 5, 2024 linked to the Motif Capital National Defense 7 ER index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par plus the index return. If the index return is zero or negative, the payout will be par.

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:Notes
Underlying index:Motif Capital National Defense 7 ER index
Amount:$587,000
Maturity:Jan. 5, 2024
Coupon:0%
Price:Par
Payout at maturity:If index return is positive, par index return; if index return is zero or negative, par
Initial level:139.95
Pricing date:Dec. 30
Settlement date:Jan. 3
Agent:Goldman Sachs & Co. LLC
Fees:1.54%

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