New Issue: Goldman prices $5.91 million trigger performance notes tied to S&P 500

By Jennifer Chiou

New York, Feb. 26 – Goldman Sachs Group, Inc. priced $5,912,350 of 0% trigger performance securities due Feb. 28, 2020 linked to the S&P 500 index, according to a 424B2 with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 1.12 times the index return.

Investors will receive par if the index falls by 40% or less and will be fully exposed to losses from the initial level if it falls by more than 40%.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Trigger performance securities
Underlying index:	S&P 500
Amount:	$5,912,350
Maturity:	Feb. 28, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 1.12 times any index gain; par if index falls by 40% or less; full exposure to losses if index finishes below trigger level
Initial index level:	2,115.48
Trigger level:	1,269.29, 60% of initial level
Pricing date:	Feb. 24
Settlement date:	Feb. 27
Underwriter:	Goldman Sachs & Co.
Fees:	3.85%
Cusip:	38148L551

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