New Issue: GS Finance sells $3.11 million capped gears linked to Euro Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, Feb. 28 – GS Finance Corp. priced $3.11 million of 0% capped gears due April 30, 2020 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index return is positive, the payout at maturity will be par plus 3 times the index gain, capped at $13.50 per $10 face amount of notes.

Otherwise, investors will be fully exposed to the index decline.

Goldman, Sachs & Co. is the underwriter with UBS Financial Services Inc. as selling agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Capped gears
Underlying index:	Euro Stoxx 50
Amount:	$3,110,100
Maturity:	April 30, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 3 times any index gain, capped at par plus 35%; full exposure to any index decline
Initial index level:	3,289.32
Pricing date:	Feb. 26
Settlement date:	Feb. 28
Underwriter:	Goldman, Sachs & Co. with UBS Financial Services Inc. as selling agent
Fees:	2.1%
Cusip:	36257D196

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