New Issue: GS Finance sells $12.1 million trigger jump securities on Stoxx 50

By Wendy Van Sickle

Columbus, Ohio, April 2 – GS Finance Corp. priced $12.1 million of 0% trigger jump securities due April 5, 2022 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 zero or positive, the payout at maturity will be par of $10 plus the greater of the index return and 46.7%.

The payout will be par if the index declines by 20% or less. If the index declines by more than 20%, investors will lose 1% for each 1% decline from the initial level.

Goldman Sachs & Co. is the agent, with Morgan Stanley Wealth Management handling distribution.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Trigger jump securities
Underlying index:	Euro Stoxx 50
Amount:	$12,096,110
Maturity:	April 5, 2022
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If the index return is zero or positive, par plus the greater of the index return and 46.7%; par if the index declines by 20% or less; otherwise, 1% loss for each 1% decline from the initial level
Initial index level:	3,351.71
Downside threshold:	2,681.368, 80% of initial level
Pricing date:	March 29
Settlement date:	April 3
Underwriter:	Goldman Sachs & Co.
Distribution:	Morgan Stanley Wealth Management
Fees:	3.25%
Cusip:	36257D253

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