New Issue: GS Finance prices $3.31 million digital index-linked notes linked to S&P, Russell, Stoxx

By Wendy Van Sickle

Columbus, Ohio, Jan. 26 – GS Finance Corp. priced $3.31 million of digital index-linked notes due Feb. 22, 2019 linked to the lesser performing of the Euro Stoxx 50 index, the S&P 500 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Goldman Sachs Group, Inc.

If each index finishes at or above 85% of their initial levels, the payout at maturity will be par plus 7.85%.

Otherwise investors will lose 1.1765% for each 1% decline of the least-performing index beyond 15%.

Goldman Sachs & Co. is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Digital notes
Underlying indexes:	Euro Stoxx 50, S&P 500 and Russell 2000
Amount:	$3,308,000
Maturity:	Feb. 22, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If each index return is greater than or equal to negative 15%, $1,078.50 per $1,000 principal amount; 1.765% loss for every 1% that least-performing index declines beyond 15%
Initial levels:	1,597.628 for Russell 2000 and 2,810.30 for S&P 500, 3,649.07 for Stoxx
Pricing date:	Jan. 19
Settlement date:	Jan. 26
Underwriter:	Goldman Sachs & Co.
Fees:	0.7%
Cusip:	40055AFT9

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