New Issue: GS Finance sells $992,000 index-linked notes on Russell, S&P, Dow

By Sarah Lizee

Olympia, Wash., Aug. 23 – GS Finance Corp. priced $992,000 of 0% index-linked notes due Aug. 15, 2024 linked to the least performing of the Russell 2000 index, the S&P 500 index and the Dow Jones industrial average, 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 1.6 times the gain of the least performing index.

If the least performing index falls by up to 5%, the payout will be par.

Otherwise, investors will be exposed to the decline of the worst performing index beyond 5%.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying indexes:	Russell 2000 index, S&P 500 index, Dow Jones industrial average
Amount:	$992,000
Maturity:	Aug. 15, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If the return of each index is zero or positive, par plus 1.6 times the return of the least performing index; if any index falls by up to 5%, par; if any index falls by more than 5%, 1% loss for every 1% decline of that index beyond 5%
Initial levels:	2,239.363 for S&P, 4,436.75 for Russell, 35,264.67 for Dow
Buffer levels:	95% of initial levels
Pricing date:	Aug. 10
Settlement date:	Aug. 13
Agent:	Goldman Sachs & Co. LLC
Fees:	1.2%
Cusip:	40057HWF3

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