New Issue: GS Finance sells $1.26 million index-linked notes on S&P, Dow

By Wendy Van Sickle

Columbus, Ohio, April 16 – GS Finance Corp. priced $1.26 million of 0% index-linked notes due April 16, 2029 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 greater of the return of the lesser performing index and 25%.

If the laggard index falls by up to 30%, the payout will be par plus the absolute value of that index’s return. Otherwise, investors will be fully exposed to the losses of the laggard 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 index, Dow Jones industrial average
Amount:	$1,262,000
Maturity:	April 16, 2029
Coupon:	0%
Price:	Par
Payout at maturity:	If each index closes at or above its initial level, par plus greater of return of the lesser performing index and 25%; if laggard index falls by up to 30%, par plus absolute value of that index’s return; otherwise, full exposure to loss of laggard index
Initial index levels:	38,459.08 for Dow, 5,199.06 for S&P
Pricing date:	April 11
Settlement date:	April 16
Agent:	Goldman Sachs & Co. LLC
Fees:	4.125%
Cusip:	40057YZA4

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