New Issue: GS Finance sells $1.92 million contingent coupon index-linked autocalls on three indexes

By William Gullotti

Buffalo, N.Y., Oct. 1 – GS Finance Corp. priced $1.92 million of autocallable contingent coupon index-linked notes due April 21, 2023 tied to the S&P 500 index, the Russell 2000 index and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

The notes will pay a contingent quarterly coupon at an annual rate of 7.3% if each index closes at or above the coupon trigger level, 70% of the initial level, on the valuation date for that period.

The notes will be called at par plus the coupon if each index closes at or above its initial index level on any quarterly call observation date.

If the notes have not been called, the payout at maturity will be par unless any index closes below its 60% trigger value during the life of the notes and any index finishes below its initial level, in which case investors will lose 1% for every 1% that the worst performer finishes below its initial level.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Autocallable contingent coupon index-linked notes
Underlying indexes:	S&P 500 index, Russell 2000 index, Nasdaq-100 index
Amount:	$1,920,000
Maturity:	April 21, 2023
Coupon:	7.3% annualized rate, payable quarterly if each index closes at or above coupon trigger level, on valuation date for that period
Price:	Par
Payout at maturity:	Par unless any index closes below its trigger value during the life of the notes and any index finishes below its initial level, in which case investors will lose 1% for every 1% that the worst performer finishes below its initial level
Call:	At par plus coupon if each index closes at or above its initial level on any quarterly call observation date
Initial index levels:	2,202.358 for Russell, 14,900.44 for Nasdaq, 4,374.3 for S&P
Trigger buffer level:	70% of initial levels
Coupon trigger level:	60% of initial levels
Pricing date:	July 14
Settlement date:	July 19
Agent:	Goldman Sachs & Co. LLC
Fees:	0.69%
Cusip:	40057HV56

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