New Issue: GS Finance sells $213,000 more buffered digital notes on S&P 500

By Marisa Wong

Los Angeles, Aug. 3 – GS Finance Corp. priced $213,000 of additional 0% buffered digital securities due Jan. 21, 2022 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

This brings the total issue size to $43,697,000. The issuer priced the original $43,365,000 of notes on July 17 and an additional $119,000 on July 23.

The notes are guaranteed by the Goldman Sachs Group, Inc.

If the index finishes at or above its initial level, the payout at maturity will be $1,080 for each $1,000 of notes.

If the index declines by up to 25%, the payout will be par. If the index declines by more than 25%, investors will lose 1% for every 1% that the index declines beyond 25%.

Goldman Sachs & Co. LLC. is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Buffered digital notes
Underlying index:	S&P 500 index
Amount:	$43,697,000, increased from $43,484,000
Maturity:	Jan. 21, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes flat or gains, par plus 8%; par if index declines by up to 25%; otherwise, 1% loss for every 1% index decline beyond 25%
Initial index level:	3,215.57
Strike date:	July 16
Pricing date:	July 17 for $43,365,000, July 23 for $119,000, July 28 for $213,000
Settlement date:	July 22 for $43,365,000, July 28 for $119,000, July 31 for $213,000
Underwriter:	Goldman Sachs & Co. LLC
Fees:	0.35%
Cusip:	40057CGU9

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