New Issue: GS Finance sells $960,000 leveraged buffered digital notes on S&P, Russell

By Sarah Lizee

Olympia, Wash., Jan. 8 – GS Finance Corp. priced $960,000 of 0% leveraged buffered digital index-linked notes due Jan. 9, 2025 linked to the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes at or above its initial level, the payout at maturity will be the greater of the threshold settlement amount of $1,250 per $1,000 principal amount and par plus 1.39 times the return of the lesser performing index.

Investors will receive par if either index falls by up to 30% and will otherwise lose 1% for each 1% decline of the worse performing index beyond 30%.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged buffered digital notes
Underlying assets:	S&P 500 index and Russell 2000 index
Amount:	$960,000
Maturity:	Jan. 9, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above its initial level, the greater of the threshold settlement amount of $1,250 per $1,000 principal amount and par plus 1.39 times the return of the lesser performing index; par if either index falls by up to 30%; otherwise, 1% loss for each 1% decline of the worse performing index beyond 30%
Initial index levels:	2,531.94 for S&P and 1,380.747 for Russell
Pricing date:	Jan. 4
Settlement date:	Jan. 9
Agent:	Goldman Sachs & Co.
Fees:	0.875%
Cusip:	40056EPC6

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