New Issue: GS Finance sells $1.33 million index-linked notes on Russell, S&P

By Wendy Van Sickle

Columbus, Ohio, July 2 – GS Finance Corp. priced $1.33 million of 0% index-linked notes due June 29, 2023 tied to the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the notes are not called and each index finishes above its initial level, the payout will be par plus the return of the lesser performing index, capped at 26.5%.

If either index either index falls by up to 15%, the payout will be par plus the absolute value of the laggard index return.

Otherwise, investors will be exposed to losses of the lesser performing index beyond 15%.

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:	Index-linked notes
Underlying indexes:	Russell 2000, S&P 500
Amount:	$1,332,000
Maturity:	June 29, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If the notes are not called and each index finishes above its initial level, par plus the return of the lesser performing index, capped at 26.5%; if either index either index falls by up to 15%, par plus absolute value of laggard index return; otherwise, exposure to losses of the lesser performing index beyond 15%
Initial index levels:	1,413.315 for Russell, 3,083.76 for S&P
Pricing date:	June 25
Settlement date:	June 30
Agent:	Goldman Sachs & Co. LLC
Fees:	3.175%
Cusip:	40057C6V8

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