New Issue: GS Finance prices $2.91 million index-linked trigger notes on S&P 500

Chicago, March 11 – GS Finance Corp. priced $2.91 million of 0% index-linked trigger notes due Sept. 8, 2021 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 level of the index is equal to or greater than 84.8% of the initial level, the payout at maturity will be par plus the index return, subject to a minimum payout of par.

Otherwise, the payout will be par plus the index return with full exposure to any losses.

Goldman Sachs & Co. LLC is the underwriter. JPMorgan is working as the placement agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked trigger notes
Underlying index:	S&P 500
Amount:	$2,910,000
Maturity:	Sept. 8, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If the final level of the index is equal to or greater than trigger level, par plus the index return, subject to a minimum payout of par; otherwise, par plus the index return with full exposure to any losses
Initial index level:	2,954.22
Trigger level:	84.8% of initial level
Pricing date:	March 2
Settlement date:	March 5
Underwriter:	Goldman Sachs & Co. LLC with JPMorgan as placement agent
Fees:	1.4%
Cusip:	40056YQM9

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