New Issue: GS Finance prices $1.17 million index-linked notes tied to two Stoxx indexes

By William Gullotti

Buffalo, N.Y., Nov. 27 – GS Finance Corp. priced $1.17 million of 0% index-linked notes due Nov. 22, 2027 tied to the Euro Stoxx 50 index and the Stoxx Europe 600 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 400% of the laggard index’s return, capped at par plus 84%.

If the worst performer declines but finishes at or above 70% of its initial level, the payout will be par.

If any index falls by more than 30%, investors will be exposed to the decline of the worst performing index from its initial level.

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:	Index-linked notes
Underlying indexes:	Euro Stoxx 50 index, Stoxx Europe 600 index
Amount:	$1,171,000
Maturity:	Nov. 22, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above its initial level, par plus 400% of the laggard index’s return, capped at par plus 84%; if worst performer declines but finishes at or above 70% of initial level, par; otherwise, investors will be exposed to the decline of the worst performing index from its initial level
Initial index levels:	4,340.77 for Stoxx 50, 455.82 for Stoxx Europe
Trigger buffer levels:	70% of initial levels
Pricing date:	Nov. 17
Settlement date:	Nov. 22
Agent:	Goldman Sachs & Co. LLC
Fees:	None
Cusip:	40057WVU8

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