New Issue: GS Finance sells $1.64 million buffered digital index-linked notes on S&P 500

By Kiku Steinfeld

Chicago, May 19 – GS Finance Corp. priced $1.64 million of 0% buffered digital notes due Oct. 31, 2024 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 final index level is greater than or equal to 85% of the initial level, the payout at maturity will be the maximum settlement amount, $1,154 per $1,000 principal amount of notes.

If the final index level is less than the initial level by more than 15%, investors will lose 1% for every 1% that the index declines beyond 15%.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Buffered digital index-linked notes
Underlying index:	S&P 500
Amount:	$1,644,000
Maturity:	Oct. 31, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above 85% of initial level, $1,154 per $1,000 of notes; otherwise, 1% loss for every 1% that index declines beyond 15%
Initial index level:	4,186.72
Pricing date:	April 27
Settlement date:	April 30
Agent:	Goldman Sachs & Co. LLC
Fees:	2.89%
Cusip:	40057FVX9

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