New Issue: GS Finance sells $813,000 notes on two Nasdaq indexes

By Sarah Lizee

Olympia, Wash., May 22 – GS Finance Corp. priced $813,000 of 0% index-linked notes due Nov. 24, 2023 tied to the Nasdaq-100 index and the Nasdaq-100 Technology Sector 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 the return of the lesser performing index.

If either index declines by up to 15%, the payout will be par.

Otherwise, investors will be exposed to the losses of the worst performing index beyond 15%.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying indexes:	Nasdaq-100, Nasdaq-100 Technology Sector index
Amount:	$813,000
Maturity:	Nov. 24, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above its initial level, par plus the return of the lesser performing index; if either index declines by up to 15%, par; otherwise, investors will be exposed to the losses of the worst performing index beyond 15%
Initial index levels:	5,370.009 for Nasdaq-100 Technology, 9,298.545 for Nadaq-100
Buffer levels:	85% of initial levels
Pricing date:	May 19
Settlement date:	May 22
Agent:	Goldman Sachs & Co. LLC
Fees:	1%
Cusip:	40057C3A7

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