New Issue: GS Finance sells $667,000 index-linked notes on Russell, S&P

By Wendy Van Sickle

Columbus, Ohio, Dec. 6 – GS Finance Corp. priced $667,000 of 0% index-linked notes due Dec. 2, 2024 tied to the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If each index finishes at or above its initial level, the payout at maturity will be par plus 1.37 times the return of the lesser performing index.

If either index falls by up to 50%, the payout will be par.

If either index falls by more than 50%, investors will lose 1% for every 1% decline of the lesser performing index from its initial level

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying indexes:	Russell 2000 and S&P 500
Amount:	$667,000
Maturity:	Dec. 2, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above its initial level, par plus 1.37 times lesser performing index return; if either index falls by up to 50%, par; if either index falls by more than 50%, 1% loss for every 1% decline of the lesser performing index
Initial levels:	1,624.231 for Russell, 3,140.52 for S&P
Pricing date:	Nov. 26
Settlement date:	Dec. 2
Agent:	Goldman Sachs & Co. LLC
Fees:	1.31%
Cusip:	40056XMA1

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