New Issue: GS Finance sells $7.95 million index-linked notes on FTSE, Stoxx

By William Gullotti

Buffalo, N.Y., Oct. 18 – GS Finance Corp. priced $7.95 million of 0% index-linked notes due July 30, 2024 linked to the lesser performing of the FTSE 100 index and the Euro Stoxx 50 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 zero or positive, the payout at maturity will be par plus triple the return of the least performing index, subject to a maximum payout of par plus 72%.

If the least performing index falls by up to 20%, the payout will be par. Otherwise, investors will be fully exposed to the losses of the worst performing index from its initial level.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying indexes:	FTSE 100 index, Euro Stoxx 50 index
Amount:	$7.95 million
Maturity:	July 30, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If the return of each index is zero or positive, par plus three times the return of the least performing index capped at 72%; if any index falls but the final underlier level of each is greater than or equal to the 80% trigger buffer level, par; if any index falls by more than 20%, investors will be fully exposed to the decline of the worst performing index from its initial level
Initial levels:	7,027.58 for FTSE, 4,109.1 for Stoxx
Trigger buffer levels:	80% of initial levels
Pricing date:	July 23
Settlement date:	July 30
Agent:	Goldman Sachs & Co. LLC
Fees:	2.5%
Cusip:	40057HY38

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