New Issue: GS Finance prices $2.57 million commodity-linked notes tied to basket

Chicago, Aug. 25 – GS Finance Corp. priced $2.57 million of 0% commodity-linked notes due March 24, 2025 linked to the performance of an equally-weighted basket of eight commodities, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of West Texas Intermediate light sweet crude oil futures contracts, Brent Crude futures contract, natural gas futures contract, corn futures contract, soybean futures contract, wheat futures contracts, copper and zinc.

The payout at maturity will be par plus the basket return with a floor of par.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the agent with UBS Financial Services Inc. as the selling agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Basket commodity-linked notes
Underlying assets:	West Texas Intermediate light sweet crude oil futures contracts, Brent Crude futures contract, natural gas futures contract, corn futures contract, soybean futures contract, wheat futures contracts, copper and zinc; equal weights
Amount:	$2,572,000
Maturity:	March 24, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus basket return with floor of par
Initial prices:	$90.77 for WTI, $96.72 for Brent, $9.336 for natural gas, $6.26 for corn, $14.8875 for soybeans, $75.325 for wheat, $8,051 for copper, $3,532 for zinc
Pricing date:	Aug. 19
Settlement date:	Aug. 24
Agent:	Goldman Sachs & Co. LLC and UBS Financial Services Inc.
Fees:	1.5%
Cusip:	40057MD55

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