New Issue: Goldman prices $1.1 million index-linked notes tied to Dow, S&P 500

By Kiku Steinfeld

Chicago, June 11 – GS Finance Corp. priced $1.1 million of 0% index-linked notes due May 29, 2024 tied to the lesser performing of 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.

The payout at maturity will be par plus 1.15 times any gain of the lesser performing index.

If the lesser performing index falls by up to 30%; investors will receive par. Investors will be exposed to losses of the lesser performing index beyond 30%.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Issue:	Index-linked notes
Underlying indexes:	Dow Jones industrial average and S&P 500
Amount:	$1,104,000
Maturity:	May 29, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If both index returns are positive, par plus the return of the lesser performing index; par if the lesser performing index falls by up to 30%; exposure to losses of lesser performing index beyond 30%
Initial index levels:	25,490.47 for Dow, 2,822.24 for S&P
Pricing date:	May 23
Settlement date:	May 29
Underwriter:	Goldman, Sachs & Co. LLC
Fees:	4.225%
Cusip:	40056FJL0

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