New Issue: GS Finance prices $3.01 million leveraged index-linked notes on S&P

By Sarah Lizee

Olympia, Wash., March 4 – GS Finance Corp. priced $3.01 million of 0% leveraged index-linked notes due March 2, 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.

The payout at maturity will be par plus 3 times any index gain, capped at $1,221.75 per $1,000 of notes.

If the index falls by up to 25%, the payout will be par.

Otherwise, investors will be fully exposed to the decline of the index from its initial level.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Leveraged index-linked notes
Underlying index:	S&P 500 index
Amount:	$3,009,000
Maturity:	March 2, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 3 times any index gain, capped at $1,221.75 per $1,000 of notes; if the index falls by up to trigger level, par; otherwise, investors will be fully exposed to the decline of the index from its initial level
Initial index level:	3,128.21
Triger level:	75% of initial level
Pricing date:	Feb. 25
Settlement date:	Feb. 28
Agent:	Goldman Sachs & Co. LLC
Fees:	3%
Cusip:	40056YKT0

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