New Issue: GS Finance prices $5.55 million PLUS linked to MSCI EAFE, Russell

By Cady Vishniac

Detroit, Jan. 11 – GS Finance Corp. priced $5.55 million of 0% Performance Leveraged Upside Securities due Feb. 2, 2022 linked to an equally weighted basket consisting of the Russell 2000 index and the S&P MidCap 400 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Goldman Sachs Group, Inc.

If the final basket level is greater than the initial basket level, the payout at maturity will be par of $10 plus three times the basket return, subject to a maximum payment of $11.45 per PLUS.

If the final basket level is less than the initial basket level, investors will be fully exposed to the decline.

Goldman Sachs & Co. is the underwriter. Morgan Stanley Wealth Management is acting as a dealer.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Performance Leveraged Upside Securities
Underlying indexes:	Russell 2000 index (50%) and S&P MidCap 400 index (50%)
Amount:	$5,552,700
Maturity:	Feb. 2, 2022
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If final basket level is greater than initial basket level, par plus three times basket gain, subject to a maximum payment of $11.45 per PLUS; otherwise, full exposure to decline
Initial levels:	1,996.25 for Russell and 2,309.52 for S&P MidCap
Pricing date:	Dec. 28
Settlement date:	Dec. 31
Agent:	Goldman Sachs & Co.
Dealer:	Morgan Stanley Wealth Management
Fees:	2.35%
Cusip:	36259U204

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