New Issue: GS Finance sells $251,000 index-linked notes on S&P, Russell

By Wendy Van Sickle

Columbus, Ohio, Nov. 6 – GS Finance Corp. priced $251,000 of 0% index-linked notes due Oct. 31, 2024 tied to 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 each index closes at or above its initial level, the payout will be par plus 1.025 times the return of the lesser performing index.

If either index falls by up to 35%, the payout will be par plus the absolute value of the lesser performing index.

If either index falls by more than 35%, the payout will be par plus the return of the lesser performing index.

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:	$251,000
Maturity:	Oct. 31, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If each index closes at or above its initial level, par plus 1.025 times the return of the lesser performing index; if either index falls by up to 35%, par plus the absolute value of the lesser performing index; if either index falls by more than 35%, par plus the return of the lesser performing index
Initial index levels:	3,039.42 for S&P, 1,571.933 for Russell
Pricing date:	Oct. 28
Settlement date:	Oct. 31
Agent:	Goldman Sachs & Co.
Fees:	4.17%
Cusip:	40056XFN1

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