New Issue: GS Finance prices $641,000 leveraged buffered index-linked notes on Russell 2000

By William Gullotti

Buffalo, N.Y., July 13 – GS Finance Corp. priced $641,000 of 0% leveraged buffered index-linked notes due Jan. 2, 2026 tied 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, investors will receive par plus 200% of the index gain, capped at par plus 30.5%.

If the index return is flat or falls by up to 10%, investors will receive par. Otherwise, investors will lose 1% for every 1% decline beyond 10%.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered index-linked notes
Underlying index:	Russell 2000 index
Amount:	$641,000
Maturity:	Jan. 2, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 200% of the index gain, capped at par plus 30.5%; if index return is flat or falls by up to 10%, par; otherwise, 1% loss for every 1% decline beyond 10%
Initial index level:	1,849.93
Buffer level:	90% of initial level
Pricing date:	June 27
Settlement date:	June 30
Agent:	Goldman Sachs & Co. LLC
Fees:	2.75%
Cusip:	40057T2J2

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