New Issue: GS Finance sells $808,000 index-linked notes on Nasdaq, S&P

By Sarah Lizee

Olympia, Wash., March 27 – GS Finance Corp. priced $808,000 of 0% index-linked notes due March 23, 2023 tied to the Nasdaq-100 index and 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 each index finishes at or above its initial level, the payout will be par plus 150% of the return of the lesser performing index.

If either index declines by up to 25%, the payout will be par plus absolute value of return of lesser performing index.

If either index declines by more than 25%, investors will lose 1% for every 1% decline of the lesser performing index.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying indexes:	Nasdaq-100 and S&P 500
Amount:	$808,000
Maturity:	March 23, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above its initial level, par plus 150% of return of lesser performing index; if either index declines by up to 25%, par plus absolute value of return of lesser performing index; if either index declines by more than 25%, 1% loss for every 1% decline of the lesser performing index
Initial levels:	7,175.176 for Nasdaq, 2,398.10 for S&P
Trigger levels:	75% of initial levels
Pricing date:	March 18
Settlement date:	March 23
Agent:	Goldman Sachs & Co. LLC
Fees:	1.45%
Cusip:	40056YUP7

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