New Issue: GS Finance sells $1.02 million basket-linked notes on indexes, ETF

By Wendy Van Sickle

Columbus, Ohio, Jan. 4 – GS Finance Corp. priced $1.02 million of 0% notes due Jan. 2, 2024 linked to a basket of two indexes and an exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

The basket consists of the S&P 500 index with a 50% weight, the iShares MSCI EAFE ETF with a 60% weight and the Russell 2000 index with a 20% weight.

The payout at maturity will be par plus any basket gain up to $1,610 for each $1,000 face amount of notes.

Investors will receive par if the basket falls or finishes flat.

Goldman Sachs & Co. is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Basket-linked notes
Underlying assets:	S&P 500 index with a 50% weight, iShares MSCI EAFE ETF with a 30% weight and Russell 2000 index with a 20% weight
Amount:	$1.02 million
Maturity:	Jan. 2, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus any basket gain up to $1,610 for each $1,000 face amount of notes; par if the basket falls or is flat
Initial levels:	2,488.83 for S&P 500, $58.38 for ETF, 1,331.817 for Russell
Pricing date:	Dec. 27
Settlement date:	Jan. 2
Underwriter:	Goldman Sachs & Co.
Fees:	1.05%
Cusip:	40056EMU9

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