New Issue: GS Finance sells $1.2 million index-linked notes on S&P, Dow

By Sarah Lizee

Olympia, Wash., April 30 – GS Finance Corp. priced $1.2 million of 0% index-linked notes due April 27, 2023 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 1.602 times the return of the lesser performing index.

If either index declines, investors will be exposed to the losses of the worst performing index.

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:	$1.2 million
Maturity:	April 27, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If each index closes at or above its initial level, par plus the 1.602 times the return of the lesser performing index; if either index declines, investors will be exposed to the losses of the worst performing index
Initial index levels:	23,775.27 for Dow, 2,836.74 for S&P
Pricing date:	April 24
Settlement date:	April 29
Agent:	Goldman Sachs & Co. LLC
Fees:	2.175%
Cusip:	40057E4T1

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