New Issue: Goldman prices $2.7 million trigger performance notes linked to Russell

By Angela McDaniels

Tacoma, Wash., Oct. 29 – Goldman Sachs Group, Inc. priced $2.7 million of 0% trigger performance securities due Oct. 31, 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 147% of the index return. Investors will receive par if the index falls by 40% or less and will be fully exposed to losses from the initial level if it falls by more than 40%.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Trigger performance securities
Underlying index:	Russell 2000
Amount:	$2.7 million
Maturity:	Oct. 31, 2025
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 147% of any index gain; par if index falls by 25% or less; full exposure to losses if index finishes below trigger level
Initial index level:	1,145.291
Trigger level:	858.968, 75% of initial level
Pricing date:	Oct. 27
Settlement date:	Oct. 30
Underwriter:	Goldman Sachs & Co.
Fees:	5.45%
Cusip:	38148X498

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