New Issue: GS Finance sells $1.37 million buffered notes on Financial Select Sector SPDR fund

Chicago, Jan. 30 – GS Finance Corp. priced $1.37 million of 0% buffered notes due April 30, 2022 linked to the Financial Select Sector SPDR fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

The payout at maturity will be par plus any fund gain up to a maximum payout of $1,318 for each $1,000 face amount of notes.

Investors will receive par if the index falls by 10% or less and will lose 1% for every 1% decline in the index beyond 10%.

Goldman Sachs & Co. is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Buffered notes
Underlying index:	Financial Select Sector SPDR fund
Amount:	$1,369,000
Maturity:	April 30, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If fund return is positive, par plus any gain up to maximum of $1,318 per $1,000 face amount; par if fund falls by up to 10%; 1% loss for every 1% decline in fund beyond 10%
Initial fund level:	$26.00
Pricing date:	Jan. 25
Settlement date:	Jan. 30
Agents:	Goldman Sachs & Co.
Fees:	0.1%
Cusip:	40056ETK4

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