New Issue: GS Finance sells $3.06 million buffered digital index-linked notes tied to S&P

By Cady Vishniac

Detroit, Dec. 31 – GS Finance Corp. priced $3.06 million of 0% buffered digital notes due Dec. 29, 2022 tied to 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 the final index level is greater than or equal to 90% of the initial level, the payout at maturity will be the maximum settlement amount, $1,085 per $1,000 principal amount of notes.

If the final index level is less than the initial level by more than 10%, investors will lose 1% for every 1% that the index declines beyond 10%.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Buffered digital index-linked notes
Underlying index:	S&P 500
Amount:	$3,058,000
Maturity:	Dec. 29, 2022
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above 90% of initial level, $1,085 per $1,000 of notes; otherwise, 1% loss for every 1% that index declines beyond 10%
Initial index level:	3,690.01
Pricing date:	Dec. 23
Settlement date:	Dec. 29
Agent:	Goldman Sachs & Co. LLC
Fees:	3.065%
Cusip:	40057EQV2

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