New Issue: GS Finance sells $750,000 digital notes on Euro Stoxx 50, Russell 2000

By Marisa Wong

Morgantown, W.Va., April 4 – GS Finance Corp. priced $750,000 of 0% digital notes due March 28, 2023 linked to the Euro Stoxx 50 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the return of each index is at least negative 40%, the payout at maturity will be the greater of the threshold settlement amount, $1,375 per $1,000 of notes, and par plus the return of the lesser performing index.

Otherwise, investors will lose 1% for every 1% decline of the lesser-performing index from its initial level.

Goldman Sachs & Co. is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Digital notes
Underlying assets:	Euro Stoxx 50 index and Russell 2000 index
Amount:	$750,000
Maturity:	March 28, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If the return of each index is at least negative 40%, par plus greater of 37.5% and return of lesser performing index; otherwise, 1% loss for every 1% decline of the lesser-performing index from its initial level
Initial levels:	3,298.07 for Euro Stoxx and 1,510.083 for Russell
Pricing date:	March 23
Settlement date:	March 28
Agent:	Goldman Sachs & Co. LLC
Fees:	1.35%
Cusip:	40055ASS7

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