New Issue: GS Finance prices $1.58 million leveraged notes linked to Dow Jones

By Wendy Van Sickle

Columbus, Ohio, April 26 – GS Finance Corp. priced $1.58 million of 0% leveraged notes due April 29, 2022 linked to 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 the index return is positive, the payout at maturity will be par plus 135% of the index return. If the index declines by up to 30%, investors will receive par plus the absolute value of the return. Otherwise, investors will be exposed to any declines beyond 30%.

Goldman Sachs & Co. is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged index-linked notes
Underlying index:	Dow Jones industrial average
Amount:	$1,582,000
Maturity:	April 29, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is positive, par plus 135% of index gain; if the index declines by up to 30%, investors will receive par plus the absolute value of the return; exposure to any declines beyond 30%
Initial level:	18,003.75
Pricing date:	April 22
Settlement date:	April 29
Agent:	Goldman, Sachs & Co.
Fees:	3.625%
Cusip:	40054K7E0

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