New Issue: GS Finance sells $2.5 million digital notes linked to S&P 500

By Wendy Van Sickle

Columbus, Ohio, June 4 – GS Finance Corp. priced $2.5 million of 0% digital index-linked notes due Nov. 30, 2023 tied to the S&P 500 index, 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 greater than or equal to negative 25%, the payout will be par plus 18.25%.

If the index return is less than negative 15%, investors will lose 1% for every 1% index decline beyond 15%.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Digital index-linked notes
Underlying index:	S&P 500 index
Amount:	$2,497,000
Maturity:	Nov. 30, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If index gains, finishes flat or falls by up to 15%, par plus 18.25%; otherwise, 1% for every 1% index decline beyond 15%
Initial index level:	2,991.77
Pricing date:	May 26
Settlement date:	May 29
Agent:	Goldman Sachs & Co. LLC
Fees:	3.14%
Cusip:	40057E6C6

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