New Issue: GS Finance prices $1.21 million index-linked notes tied to S&P, Nasdaq, Russell

By Wendy Van Sickle

Columbus, Ohio, Sept. 8 – GS Finance Corp. priced $1.21 million of 0% index-linked notes due Aug. 31, 2028 linked to the least performing of the Nasdaq-100 index, the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

At maturity, investors will receive the greater of par plus 40% or par plus the return of the worst performer if all three indexes finish positive.

If any index declines but the worst performer finishes above 70% of its initial level, the payout will be par plus the absolute value of the return of the worst performer.

Otherwise, investors will be fully exposed to the losses of the worst performer.

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, Nasdaq-100 index
Amount:	$1,211,000
Maturity:	Aug. 31, 2028
Coupon:	0%
Price:	Par
Payout at maturity:	Greater of par plus 40% or par plus return of worst performer if all three indexes finish positive; par plus absolute value of worst performer if that index declines but finishes above trigger buffer level; otherwise, full exposure to losses of worst performer
Initial levels:	1,869.007 for Russell, 4,433.31 for S&P, 15,052.46 for Nasdaq
Trigger buffer levels:	70% of initial levels
Pricing date:	Aug. 28
Settlement date:	Aug. 31
Agent:	Goldman Sachs & Co. LLC
Fees:	4.05%
Cusip:	40057TR63

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