New Issue: GS Finance prices $2.04 million digital notes on the Dow, S&P 500

By Marisa Wong

Morgantown, W.Va., Feb. 28 – GS Finance Corp. priced $2.04 million of 0% digital notes due March 7, 2019 linked to the Dow Jones industrial average and 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 return of each underlier is at least negative 20%, the payout at maturity will be the maximum settlement amount of $1,082.50 per $1,000 of notes.

Otherwise, investors will lose 1% for every 1% decline of the lesser performing underlier from its initial level.

Goldman Sachs & Co. is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Digital notes
Underlying assets:	Dow Jones industrial average and S&P 500 index
Amount:	$2,035,000
Maturity:	March 7, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If the return of each underlier is at least negative 20%, par plus 8.25%; otherwise, 1% loss for every 1% decline of the lesser-performing underlier from its initial level
Initial levels:	24,797.78 for Dow and 2,701.33 for S&P
Pricing date:	Feb. 21
Settlement date:	Feb. 28
Agent:	Goldman Sachs & Co. LLC
Fees:	0.1%
Cusip:	40055AMH7

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