New Issue: GS Finance sells $750,000 buffered digital notes linked to S&P 500

Chicago, May 3 – GS Finance Corp. priced $750,000 of 0% buffered digital index-linked notes due March 20, 2024 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.

The payout at maturity will be $1,136.5 per $1,000 principal amount of notes if the final index level is greater than or equal to 80% of the initial level. Otherwise, investors will lose 1% for every 1% that the index declines beyond 20%.

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 index
Amount:	$750,000
Maturity:	March 20, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	$1,136.5 per $1,000 principal amount of notes if final index level is greater than or equal to 80% of initial level; otherwise, 1% loss for every 1% that index declines beyond 20%
Initial index level:	3,968.94
Buffer level:	80% of initial level
Pricing date:	March 15
Settlement date:	March 18
Agent:	Goldman Sachs & Co. LLC
Fees:	0.5%
Cusip:	40057FRT3

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