New Issue: GS Finance prices $6.81 million digital index-linked notes on S&P 500

By William Gullotti

Buffalo, N.Y., July 13 – GS Finance Corp. priced $6.81 million of 0% digital index-linked notes due July 3, 2025 linked 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 index finishes at or above its initial level, the payout at maturity will be par plus 21%.

Otherwise, investors will lose 1% for every 1% that the index declines from its initial level.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Digital index-linked notes
Underlying index:	S&P 500 index
Amount:	$6,811,000
Maturity:	July 3, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If index finishes at or above initial level, par plus 21%; otherwise, 1% loss for every 1% of index decline from initial level
Initial index level:	3,785.38
Pricing date:	June 30
Settlement date:	July 6
Agent:	Goldman Sachs & Co. LLC
Fees:	0.75%
Cusip:	40057MFZ7

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