New Issue: Goldman Sachs prices $838,000 notes linked to Euro Stoxx 50 index

By Toni Weeks

San Luis Obispo, Calif., Jan. 28 – Goldman Sachs Group, Inc. priced $838,000 of 0% index-linked notes due Feb. 1, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is zero or positive, the payout at maturity will be the greater of (i) par plus the return and (ii) the threshold settlement amount of $1,500 per $1,000 principal amount of notes.

If the index falls by up to 40%, investors will receive par.

If the index return is below negative 40%, the payout will be par plus the return, with full exposure to the index decline.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying index:	Euro Stoxx 50
Amount:	$838,000
Maturity:	Feb. 1, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is zero or positive, greater of $1,500 and par plus return; if index falls by up to 40%, par; if index falls by more than 40%, full exposure to losses
Initial index level:	3,382.55
Pricing date:	Jan. 23
Settlement date:	Jan. 30
Underwriter:	Goldman Sachs & Co.
Fees:	3.625%
Cusip:	38147QQU3

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