New Issue: GS Finance sells $2.58 million index-linked notes on S&P, Dow, Nasdaq

By Wendy Van Sickle

Columbus, Ohio, Oct. 7 – GS Finance Corp. priced $2.58 million of 0% index-linked notes due Sept. 30, 2025 tied to the S&P 500 index, the Nasdaq-100 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If each index finishes at or above its initial level, the payout at maturity will be par plus 1.4 times the least performing index return.

If any index falls by up to 35%, the payout will be par.

If any index falls by more than 35%, investors will be fully exposed to the decline of the least performing index.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying indexes:	S&P 500, Dow Jones industrial average, Nasdaq-100
Amount:	$2,578,000
Maturity:	Sept. 30, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above its initial level, par plus 1.4 times least performing index return; if any index falls by up to 35%, par; if any index falls by more than 35%, full exposure to the decline of the least performing index
Initial index levels:	27,173.96 for Dow, 11,151.13 for Nasdaq and 3,298.46 for S&P
Pricing date:	Sept. 25
Settlement date:	Sept. 30
Agent:	Goldman Sachs & Co. LLC
Fees:	4.475%
Cusip:	40057CRD5

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