New Issue: GS Finance sells $1.8 million index-linked notes on Russell, S&P

By Wendy Van Sickle

Columbus, Ohio, Feb. 8 – GS Finance Corp. priced $1.8 million of 0% index-linked notes due July 27, 2022 tied to the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes above its initial level, the payout will be par plus 1.355 times the return of the lesser-performing index.

If either index falls by up to 5%, the payout will be par. Otherwise, investors will lose 1% for every 1% decline of the lesser-performing index beyond 5%.

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 and S&P 500
Amount:	$1,799,000
Maturity:	July 27, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.355 times gain of lesser-performing index; if either index falls by up to 5%, par; otherwise, 1% loss for every 1% decline of lesser-performing index beyond 5%
Initial index levels:	3,841.47 for S&P and 2,168.758 for Russell
Pricing date:	Jan. 22
Settlement date:	Jan. 27
Agent:	Goldman Sachs & Co. LLC
Fees:	0.75%
Cusip:	40057F5D2

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