New Issue: GS Finance sells $2 million PLUS linked to Russell 2000

By Kiku Steinfeld

Chicago, Sept. 13 – GS Finance Corp. priced $2 million of 0% Performance Leveraged Upside Securities due Dec. 5, 2022 linked to 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 the index return is positive, the payout at maturity will be par plus 300% of the index gain, capped at par plus 11.58%. Investors will be fully exposed to the index decline.

Goldman Sachs & Co. LLC is the underwriter with Morgan Stanley Wealth Management as dealer.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Performance Leveraged Upside Securities
Underlying index:	Russell 2000 index
Amount:	$2,003,660
Maturity:	Dec. 5, 2022
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 300% of any index gain capped at par plus 11.58%; full exposure to losses
Initial level:	2,273.774
Pricing date:	Aug. 31
Settlement date:	Sept. 3
Underwriter:	Goldman Sachs & Co. LLC
Dealer:	Morgan Stanley Wealth Management
Fees:	2.25%
Cusip:	36261B715

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