New Issue: GS Finance prices $136,000 notes linked to Russell 2000, S&P 500

By Angela McDaniels

Tacoma, Wash., Dec. 2 – GS Finance Corp. priced $136,000 of 0% notes due Dec. 1, 2022 linked to the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the return of each index is greater than zero, the payout at maturity will be par plus 1.5 times the lesser-performing index’s return, subject to a maximum return of 18.75%.

If the return of either index is flat or negative, investors will be exposed to the decline of the lesser-performing index, subject to a minimum payout of $950 per $1,000 principal amount of notes.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Notes
Underlying indexes:	Russell 2000 and S&P 500
Amount:	$136,000
Maturity:	Dec. 1, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If return of each index is greater than zero, par plus 1.5 times lesser-performing index’s return, subject to maximum return of 18.75%; if return of either index is flat or negative, exposure to decline of lesser-performing index, subject to minimum payout of $950 per $1,000 principal amount of notes
Initial levels:	3,140.52 for S&P 500 and 1,624.231 for Russell 2000
Pricing date:	Nov. 26
Settlement date:	Dec. 2
Agent:	Goldman Sachs & Co. LLC
Fees:	0.905%
Cusip:	40056XM52

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