New Issue: Goldman prices $4 million trigger performance notes linked to Russell

By Angela McDaniels

Tacoma, Wash., Oct. 6 – Goldman Sachs Group, Inc. priced $4 million of 0% trigger performance securities due Sept. 30, 2025 linked to the Russell 2000 index, according to a 424B2 with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 138% of the index return. Investors will receive par if the index falls by 50% or less and will be fully exposed to losses from the initial level if it falls by more than 50%.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Trigger performance securities
Underlying index:	Russell 2000
Amount:	$4 million
Maturity:	Sept. 30, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 138% of index return; if index return is zero or negative and index’s final level is greater than or equal to trigger level, par; if final level is less than trigger level, full exposure to decline in index from its initial level
Initial index level:	1,122.789
Trigger level:	561.395, 50% of initial level
Pricing date:	Sept. 25
Settlement date:	Sept. 30
Underwriter:	Goldman Sachs & Co.
Fees:	5.45%
Cusip:	38148X357

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