New Issue: GS Finance prices $2.16 million bearish leveraged index-linked notes on Nasdaq

By William Gullotti

Buffalo, N.Y., April 24 – GS Finance Corp. priced $2.16 million of bearish leveraged index-linked notes due May 17, 2024 linked to the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index finishes at or below its initial level, investors will gain 1.85% for every 1% decline of the index.

Otherwise, investors will lose 1% for every 1% of index gain.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc
Issue:	Bearish leveraged index-linked notes
Underlying index:	Nasdaq-100 index
Amount:	$2,156,000
Maturity:	May 17, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If the index finishes flat or declines, par plus 185% of the absolute value of the index return; otherwise, 1% loss for every 1% increase of the index from initial level
Initial index level:	13,079.52
Pricing date:	April 14
Settlement date:	April 19
Underwriter:	Goldman Sachs & Co. LLC
Fees:	1.93%
Cusip:	40057RFU7

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