New Issue: GS Finance sells $1.61 million index-linked notes on Nasdaq, Dow

By Wendy Van Sickle

Columbus, Ohio, April 2 – GS Finance Corp. priced $1.61 million of 0% index-linked notes due March 30, 2022 tied to the Nasdaq-100 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If each index closes at or above its initial level, the payout will be par plus 1.4 times the return of the lesser performing index.

If either index falls by up to 10%, the payout will be par.

Otherwise, investors will lose 1% for every 1% decline of the lesser performing index beyond 10%.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying indexes:	Nasdaq-100, Dow Jones industrial average
Amount:	$1,613,000
Maturity:	March 30, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If each index closes at or above its initial level, par plus 1,4 times the return of the lesser performing index; if either index falls by up to 10%, par; otherwise, investors will lose 1% for every 1% decline of the lesser performing index beyond 10%
Initial index levels:	21,200.55 for Dow, 7,469.615 for Nasdaq
Pricing date:	March 25
Settlement date:	March 30
Agent:	Goldman Sachs & Co. LLC
Fees:	0.975%
Cusip:	40056YWk6

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