New Issue: GS Finance sells $7.17 million index-linked autocallables on Russell, FTSE

By Wendy Van Sickle

Columbus, Ohio, Aug. 5 – GS Finance Corp. priced $7.17 million of 0% index-linked notes due Aug. 1, 2025 tied to the lesser performing of the Russell 2000 index and the FTSE 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 be called at par plus 11.5% a year if both indexes close at or above their initial level on any quarterly call date.

The payout at maturity will be par plus 57.5% if each index finishes at or above its initial level. If either index finishes below its initial level but neither index finishes below its 65% trigger level, the payout will be par. Otherwise, investors will be fully exposed to the decline of the lesser performing index.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked autocallable notes
Underlying indexes:	Russell 2000 index, FTSE 100 index
Amount:	$7,165,000
Maturity:	Aug. 1, 2025
Coupon:	0%
Price:	Par of $1,000
Call:	At par plus 11.5% a year if both indexes close at or above their initial levels on any quarterly call date
Payout at maturity:	Par plus 57.5% if each index finishes at or above its initial level; if either index finishes below its initial level but neither index finishes below 65% trigger level, par; otherwise, full exposure to decline of lesser performing index
Initial levels:	1,500.63 for Russell, 6,131.46 for FTSE
Pricing date:	July 29
Settlement date:	July 31
Agent:	Goldman Sachs & Co. LLC
Fees:	3.25%
Cusip:	40057CHN4

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