New Issue: GS Finance sells $2 million index-linked notes on Nasdaq, S&P, Russell

By Kiku Steinfeld

Chicago, Aug. 4 – GS Finance Corp. priced $2 million of 0% index-linked notes due July 21, 2026 tied to the lesser performing of the Nasdaq-100 index, the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its initial level, the payout will be par plus 1.454 times the lesser-performing index’s return.

If the lesser-performing index falls by up to 30%, the payout will be par.

Otherwise, investors will lose 1% for every 1% decline of the lesser-performing index from its initial level.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying indexes:	Nasdaq-100 index, Russell 2000 index, S&P 500 index
Amount:	$2,003,000
Maturity:	July 21, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above its initial level, par plus 1.454 times the lesser-performing index’s return; if the lesser-performing index falls by up to 30%, par; otherwise, 1% loss for every 1% decline of the lesser-performing index
Initial index levels:	2,163.238 for Russell, 4,327.16 for S&P, 14,681.38 for Nasdaq
Trigger buffer levels:	70% of initial levels
Pricing date:	July 16
Settlement date:	July 21
Underwriter:	Goldman Sachs & Co. LLC
Fees:	4.125%
Cusip:	40057HV31

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