New Issue: GS Finance sells $1.58 million digital notes linked to Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, Jan. 7 – GS Finance Corp. priced $1.58 million of 0% digital notes due Dec. 29, 2025 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index finishes at or above its initial level, the payout at maturity will be par plus the greater of 29.5% and the index’s return. If the index falls by up to 35%, the payout will be par. Otherwise, investors will lose 1% for every 1% that the index declines from its initial level.

Goldman Sachs & Co. LLC. is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Digital notes
Underlying index:	Euro Stoxx 50 index
Amount:	$1,575,000
Maturity:	Dec. 29, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above initial level, par plus greater of 29.5% and index return; if index falls by up to 35%, par; otherwise, 1% loss for every 1% index decline from its initial level
Initial index level:	3,539.26
Pricing date:	Dec. 23
Settlement date:	Dec. 29
Underwriter:	Goldman Sachs & Co. LLC
Fees:	3.75%
Cusip:	40057EVE4

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