New Issue: GS Finance sells $2.64 million autocallable index-linked notes on Dow, Russell

By William Gullotti

Buffalo, N.Y., Nov. 27 – GS Finance Corp. priced $2.64 million of 0% autocallable index-linked notes due Nov. 20, 2026 tied to the Dow Jones industrial average and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index closes at or above its initial level on any annual observation date, the notes will be called at par plus a 9% annualized call premium.

If the notes are not called and each index finishes at or above its initial level, the payout will be par plus 27%.

Otherwise, investors will receive par.

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:	Autocallable index-linked notes
Underlying indexes:	Dow Jones industrial average, Russell 2000 index
Amount:	$2.64 million
Maturity:	Nov. 20, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If the notes are not called and each index finishes at or above its initial level, par plus 27%; otherwise, par
Call:	If each index closes at or above initial level on any annual observation date, notes will be called at par plus a 9% annualized call premium
Initial index levels:	34,947.28 for Dow, 1,797.766 for Russell
Pricing date:	Nov. 17
Settlement date:	Nov. 22
Agent:	Goldman Sachs & Co. LLC
Fees:	0.75%
Cusip:	40057WX36

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