New Issue: GS Finance sells $816,000 index-linked notes on S&P 500, Russell

By Sarah Lizee

Olympia, Wash., July 3 – GS Finance Corp. priced $816,000 of 0% index-linked notes due June 28, 2024 linked to the lesser performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the return of each index is greater than or equal to its initial level, the payout will be par plus 1.43 times the return of the lesser performing index.

If the return of either index is negative but not by more than 60% of its initial level, the payout will be par.

Otherwise, investors will be fully exposed to the decline of the lesser performing index from its initial level.

Goldman, Sachs & Co. is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying indexes:	S&P 500, Russell 2000
Amount:	$816,000
Maturity:	June 28, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If the return of each index is greater than or equal to its initial level, par plus 1.43 times the return of the lesser performing index; if the return of either index is negative but not by more than 60% of its initial level, par; otherwise, investors will be fully exposed to the decline of the lesser performing index from its initial level
Initial levels:	2,917.38 for S&P and 1,521.035 for Russell
Pricing date:	June 25
Settlement date:	June 28
Underwriter:	Goldman Sachs & Co.
Fees:	4.475%
Cusip:	40056FN68

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