New Issue: GS Finance prices $11.7 million buffered digital notes on S&P 500

By Wendy Van Sickle

Columbus, Ohio, Sept. 22 – GS Finance Corp. priced $11.7 million of 0% buffered digital notes due Sept. 22, 2022 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

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

If the final level of the index is greater than or equal to 90% of its initial level, the payout at maturity will be $1,141 for each $1,000 of notes. Investors will lose 1% for every 1% that the index declines beyond 10%.

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:	$11,702,000
Maturity:	Sept. 22, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If the final level of the index is greater than or equal to 90% of its initial level, the payout at maturity will be $1,141 for each $1,000 of notes; 1% loss for every 1% index decline beyond10%
Initial index level:	3,357.01
Buffer level:	90% of initial level
Pricing date:	Sept. 17
Settlement date:	Sept. 22
Underwriter:	Goldman Sachs & Co. LLC
Fees:	0.975%
Cusip:	40057CVZ1

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