New Issue: GS Finance sells $381,000 index-linked notes on Dow, Russell, Nasdaq

By Kiku Steinfeld

Chicago, Dec. 7 – GS Finance Corp. priced $381,000 of 0% index-linked notes due April 5, 2027 tied to the Dow Jones industrial average, the Nasdaq-100 index and the Russell 2000 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 167% of the least performing index return.

If any index falls by up to 30%, the payout will be par.

If any index falls by more than 30%, investors will be fully exposed to the decline of the least performing index.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying indexes:	Dow Jones industrial average, Russell 2000, Nasdaq-100
Amount:	$381,000
Maturity:	April 5, 2027
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above its initial level, par plus 167% of the least performing index return; if any index falls by up to 30%, par; if any index falls by more than 30%, investors will be fully exposed to the decline of the least performing index
Initial index levels:	34,678.35 for Dow, 2,070.125 for Russell, 14,838.49 for Nasdaq
Trigger level:	70% of initial levels
Pricing date:	March 31
Settlement date:	April 5
Agent:	Goldman Sachs & Co. LLC
Fees:	0.9%
Cusip:	40057LM40

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