New Issue: Goldman Sachs prices $600,000 2% notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., Sept. 3 – Goldman Sachs Group, Inc. priced $600,000 of 2% notes due Sept. 3, 2025 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable annually.

If the index return is greater than 20%, the payout at maturity will be par plus 1% for every 1% that the index return exceeds 20%, subject to a maximum settlement amount of $1,450 per $1,000 principal amount of notes. If the index return is less than or equal to 20%, the payout will be par.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Notes
Underlying index:	S&P 500
Amount:	$600,000
Maturity:	Sept. 3, 2025
Coupon:	2%, payable annually
Price:	Par
Payout at maturity:	If index return is greater than 20%, par plus 1% for every 1% that index return exceeds 20%, subject to maximum settlement amount of $1,450 per $1,000 principal amount of notes; if index return is less than or equal to 20%, par
Initial index level:	1,987.66
Pricing date:	Aug. 28
Settlement date:	Sept. 2
Underwriter:	Goldman Sachs & Co.
Fees:	3.45%
Cusip:	38148TCH0

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