New Issue: GS Finance sells $60,000 index-linked notes on Russell, S&P

By Wendy Van Sickle

Columbus, Ohio, Oct. 7 – GS Finance Corp. priced $60,000 of 0% index-linked notes due Oct. 5, 2022 tied to the Russell 2000 index and 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 each index finishes at or above its initial level, the payout at maturity will be par plus 150% of the lesser-performing index’s return, up to $1,187.50 per $1,000 principal amount.

Investors will be exposed to the first 5% of any decline of the lesser performing index.

Goldman Sachs & Co. 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:	$60,000
Maturity:	Oct. 5, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If each index closes at or above initial level, par plus 150% of lesser-performing index return, up to $1,187.50 per $1,000 principal amount; exposure to first 5% of any losses of lesser performing index
Initial levels:	1,523.373 for Russell, 2,976.74 for S&P
Pricing date:	Sept. 30
Settlement date:	Oct. 3
Agent:	Goldman Sachs & Co.
Fees:	1.25%
Cusip:	40056XB39

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