New Issue: GS Finance prices $400,000 index-linked trigger notes on DAX

By Wendy Van Sickle

Columbus, Ohio, Jan. 24 – GS Finance Corp. priced $400,000 of 0% index-linked trigger notes due July 23, 2020 tied to the DAX index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the final level of the index is equal to or greater than 87.95% of the initial level, the payout at maturity will be par plus the greater of zero and 1.5 times the index return, capped at par plus 10.05%.

Otherwise, the payout will be par plus the index return with full exposure to any losses.

Goldman Sachs & Co. LLC is the underwriter with JPMorgan Securities LLC as placement agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked trigger notes
Underlying index:	DAX
Amount:	$400,000
Maturity:	July 23, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If the final level of the index is equal to or greater than trigger buffer, par plus the greater of zero and 1.5 times index return, capped at par plus 10.05%; otherwise, par plus the index return with full exposure to any losses
Initial index level:	6,033.27
Trigger buffer:	87.95% of initial level
Pricing date:	Jan. 17
Settlement date:	Jan. 23
Underwriter:	Goldman Sachs & Co. LLC
Placement agent:	JPMorgan Securities LLC
Fees:	0.55%
Cusip:	40056YC28

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