New Issue: GS Finance sells $558,000 index-linked notes on Russell, S&P

By William Gullotti

Buffalo, N.Y., June 16 – GS Finance Corp. priced $558,000 of 0% index-linked notes due June 12, 2026 linked to the S&P 500 index and the Russell 2000 index, 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 1.475 times the gain of the least performing index.

If any index falls by up to 30%, the payout will be par.

Otherwise, investors will lose 1% for every 1% decline of the worst performer from its initial level.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying indexes:	Russell 2000 index, S&P 500 index
Amount:	$558,000
Maturity:	June 12, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above its initial level, par plus 1.475 times the gain of the least performing index; if any index falls by up to 30%, par; otherwise 1% loss for every 1% decline of the worst performer
Initial index levels:	2,327.128 for Russell, 4,219.55 for S&P
Barrier levels:	70% of initial levels
Pricing date:	June 9
Settlement date:	June 14
Agent:	Goldman Sachs & Co. LLC
Fees:	0.5%
Cusip:	40057HK66

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