New Issue: GS Finance sells $515,000 index-linked notes on S&P, Dow

By Wendy Van Sickle

Columbus, Ohio, April 3 – GS Finance Corp. priced $515,000 of 0% index-linked notes due March 30, 2028 tied to the S&P 500 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If each index closes at or above its initial level, the payout will be par plus the return of the lesser performing index up to the maximum settlement amount of $1,775 for each $1,000 note.

If either index declines, the payout will be 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, Dow Jones industrial average
Amount:	$515,000
Maturity:	March 30, 2028
Coupon:	0%
Price:	Par
Payout at maturity:	If each index closes at or above its initial level, par plus return of the lesser performing index up to $1,775 for each $1,000 note; if lesser performing index falls, par
Initial index levels:	22,552.17 for Dow, 2,630.07 for S&P
Pricing date:	March 26
Settlement date:	March 31
Agent:	Goldman Sachs & Co. LLC
Fees:	4.5%
Cusip:	40056YQ56

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