New Issue: Goldman sells $489,000 autocallable index-linked notes on S&P, Stoxx

By Sarah Lizee

Olympia, Wash., Jan. 31 – Goldman Sachs Group, Inc. priced $489,000 of 0% autocallable index-linked notes due Feb. 5, 2024 tied to the Euro Stoxx 50 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be called at par plus a 12.5% annualized premium if both indexes close at or above their initial index levels on any annual call observation date.

If the notes are not called, the payout at maturity will be par plus 62.5% if each index closes at or above its initial level.

If either index falls by up to 50%, the payout at maturity will be par.

If either index falls by more than 50%, investors will be exposed to any losses of the worse-performing index.

Goldman Sachs & Co. is the agent.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Autocallable index-linked notes
Underlying indexes:	Euro Stoxx 50, S&P 500
Amount:	$489,000
Maturity:	Feb. 5, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above initial level, par plus 62.5%; if either index falls by up to 50%, par; if either index falls by more than 50%, par plus return of worst-performing index, with full exposure to losses
Call:	At par plus 12.5% annualized if both indexes close at or above their initial levels on any annual call observation date
Initial index levels:	2,643.85 for S&P, 3,137.27 for Euro Stoxx
Pricing date:	Jan. 28
Settlement date:	Jan. 31
Agent:	Goldman Sachs & Co.
Fees:	4.725%
Cusip:	40056EQU5

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