New Issue: GS Finance sells $307,000 index-linked notes tied to S&P, Russell

By Wendy Van Sickle

Columbus, Ohio, Aug. 29 – GS Finance Corp. priced $307,000 of 0% index-linked notes due June 2, 2022 linked to the lesser performing of the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the final values of both indexes are equal to or greater than their initial values, the payout at maturity will be par plus the return of the lesser performing index, subject to a maximum payout of par plus 11.5%.

Investors will be exposed to the first 5% of any decline in the lesser performing index, with a minimum payout of 95% of par.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying indexes:	S&P 500 index, Russell 2000 index
Amount:	$307,000
Maturity:	June 2, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If the final values of both indexes are equal to or greater than their initial values, the payout at maturity will be par plus return of the lesser performing index, subject to a maximum payout of par plus 11.5%; if worse performing index falls, exposure to first 5% of decline
Initial levels:	2,869.16 for S&P and 1,456.039 for Russell
Pricing date:	Aug. 27
Settlement date:	Aug. 30
Underwriter:	Goldman Sachs & Co. LLC
Fees:	2.925%
Cusip:	40056FYH2

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