New Issue: GS Finance sells $3.03 million index-linked notes tied to S&P, Stoxx

By Sarah Lizee

Olympia, Wash., Jan. 30 – GS Finance Corp. priced $3.03 million of 0% index-linked notes due Feb. 2, 2022 tied to the lesser performing of the Euro Stoxx 50 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the return of each index is positive, the payout at maturity will be par the greater of the return and 48%.

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

Otherwise, investors will be fully exposed to the loss of the lesser performing index.

Goldman Sachs & Co. is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying indexes:	S&P 500 and Euro Stoxx 50
Amount:	$3,034,000
Maturity:	Feb. 2, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If the return of each index is positive, par plus the greater of the return and 48%; if the lesser performing index falls by up to 30%, par plus the return of the lesser performing index; otherwise, investors will be fully exposed to the loss of the lesser performing index
Initial levels:	2,643.85 for S&P, 3,137.27 for Euro Stoxx
Pricing date:	Jan. 28
Settlement date:	Jan. 30
Underwriter:	Goldman Sachs & Co.
Fees:	3.35%
Cusip:	40056ET40

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