New Issue: GS Finance sells $485,000 buffered basket-linked notes on indexes

Chicago, Dec. 1 – GS Finance Corp. priced $485,000 of 0% buffered notes due March 21, 2024 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The equally-weighted basket consists of the S&P 500 index and the Russell 2000 index.

The payout at maturity will be par plus the basket gain, capped at par plus 23.2%.

Investors will receive par if the basket finishes flat or falls by up to 20% and will lose 1% for every 1% decline 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:	Buffered basket-linked notes
Underlying indexes:	S&P 500 index and Russell 2000 index; equal weights
Amount:	$485,000
Maturity:	March 21, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If basket return is positive, par plus the basket gain, capped at par plus 23.2%; if basket finishes flat or declines by up to 20%, par; otherwise, 1% loss for every 1% decline beyond 20%
Initial levels:	4,411.67 for S&P, 2,065.019 for Russell
Buffer level:	80% of initial level
Pricing date:	March 17
Settlement date:	March 22
Agent:	Goldman Sachs & Co. LLC
Fees:	0.8%
Cusip:	40057LHV6

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