New Issue: GS Finance sells $1.71 million fixed-coupon buffered notes on Russell

By Wendy Van Sickle

Columbus, Ohio, Feb. 5 – GS Finance Corp. priced $1.71 million of 3.2% fixed-coupon buffered notes due Jan. 30, 2023 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

Interest is payable quarterly.

The payout at maturity will be par unless the index finishes below 85% of the initial level, in which case investors will lose 1% for every 1% decline beyond 15%.

Goldman, Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Fixed-coupon buffered notes
Underlying index:	Russell 2000
Amount:	$1.71 million
Maturity:	Jan. 30, 2023
Coupon:	3.2%, payable quarterly
Price:	Par of $1,000
Payout at maturity:	Par unless index finishes below buffer level, in which case exposure to losses beyond 15%
Initial level:	1,658.314
Buffer level:	85% of initial level
Pricing date:	Jan. 28
Settlement date:	Jan. 31
Agent:	Goldman, Sachs & Co. LLC
Fees:	2.995%
Cusip:	40056XY42

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