New Issue: GS Finance sells $8.23 million autocallables linked to Russell, Nasdaq

By Wendy Van Sickle

Columbus, Ohio, March 16 – GS Finance Corp. priced $8.23 million of 0% autocallable index-linked notes due Sept. 14, 2022 tied to the Russell 2000 index and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus a 15.3% annualized premium if both indexes close at or above their initial index levels on either semiannual observation date.

At maturity, if each index finishes at or above its initial level, the payout will be par plus 22.95%.

If either index falls by up to 20%, the payout will be par.

Otherwise, investors will lose 1.25% for each 1% decline of the lesser performing index beyond 20%.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Autocallable index-linked notes
Underlying indexes:	Russell 2000, Nasdaq-100
Amount:	$8,225,000
Maturity:	Sept. 14, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above its initial level, par plus 22.95%; if either index falls by up to 20%, par; otherwise, 1.25% loss for each 1% decline of lesser performing index beyond 20%
Call:	At par plus 15.3% annualized premium if both indexes close at or above their initial index levels on Sept. 9, 2021 or March 9, 2022
Initial levels:	12,794.49 for Nasdaq, 2,245.059 for Russell
Pricing date:	March 10
Settlement date:	March 15
Agent:	Goldman Sachs & Co. LLC
Fees:	0.3%
Cusip:	40057FRV8

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