New Issue: GS Finance sells $566,000 notes linked to Stoxx, MSCI, FTSE indexes

By Kiku Steinfeld

Chicago, Nov. 18 – GS Finance Corp. priced $566,000 of 0% index-linked notes due Aug. 4, 2025 tied to the MSCI EAFE index, 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 each index finishes at or above its initial level, the payout at maturity will be par plus 2.25 times the return of the least-performing index.

The payout will be par if the least-performing index falls by up to 20%.

If any index falls by more than 20%, investors will lose 1% for every 1% that the least-performing index declines beyond 20%.

Goldman Sachs & Co. LLC is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying indexes:	MSCI EAFE index, FTSE 100 index and Euro Stoxx 50 index
Amount:	$566,000
Maturity:	Aug. 4, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above initial level, par plus 2.25 times the return of the least-performing index; par if least performing index falls by up to 20%; 1% loss for each that the lesser-performing index declines beyond 20%
Initial index levels:	2,321.09 for EAFE, 7,032.30 for FTSE and 4,089.30 for Stoxx
Buffer levels:	80% of initial levels
Pricing date:	July 30
Settlement date:	Aug. 4
Underwriter:	Goldman Sachs & Co. LLC
Fees:	0.5%
Cusip:	40057HUM0

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