New Issue: GS Finance prices $7.5 million digital index-linked notes on Russell 2000

By William Gullotti

Buffalo, N.Y., Dec. 14 – GS Finance Corp. priced $7.5 million of 0% digital index-linked notes due April 28, 2023 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 finishes at or above its threshold level, 90% of initial level, the payout at maturity will be par plus 12.05%. Otherwise, investors will lose 1.1111% for every 1% that the index declines beyond 10%.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Digital index-linked notes
Underlying index:	Russell 2000 index
Amount:	$7.5 million
Maturity:	April 28, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above threshold level, par plus 12.05%; otherwise, 1.1111% loss for every 1% of index decline below 10%
Initial index level:	2,220.205
Threshold level:	90% of initial level
Pricing date:	Dec. 9
Settlement date:	Dec. 16
Agent:	Goldman Sachs & Co. LLC
Fees:	0.71%
Cusip:	40057KGS6

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