New Issue: GS Finance sells $2.15 million trigger notes linked to S&P 500

By Marisa Wong

Los Angeles, Oct. 16 – GS Finance Corp. priced $2.15 million of 0% trigger notes due Oct. 20, 2021 linked to 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 the final level of the index is equal to or greater than 70% of the initial level, the payout at maturity will be par plus 5.6%.

Otherwise, the payout will be par plus the index return with full exposure to any losses.

Goldman Sachs & Co. LLC is the underwriter with JPMorgan as placement agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Trigger notes
Underlying index:	S&P 500
Amount:	$2,147,000
Maturity:	Oct. 20, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If the final level of the index is equal to or greater than 70% of the initial level, par plus 5.6%; otherwise, par plus the index return with full exposure to any losses
Initial index level:	3,348.44
Final level:	Average of index closing levels on five trading days ending Oct. 15, 2021
Pricing date:	Oct. 2
Settlement date:	Oct. 7
Underwriter:	Goldman Sachs & Co. LLC
Placement agent:	JPMorgan
Fees:	1.1%, including selling concession of up to 1%
Cusip:	40057ECF2

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