New Issue: GS Finance sells $1.78 million buffered digital notes tied to Euro Stoxx

By Sarah Lizee

Olympia, Wash., July 8 – GS Finance Corp. priced $1.78 million of 0% buffered digital index-linked notes due July 5, 2024 tied 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 plus the greater of 54.75% and the index return.

If the index falls by up to 30%, the payout will be par. Otherwise, investors will lose 1.4286% for every 1% index decline beyond 30%.

Goldman, Sachs & Co. is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Buffered digital index-linked notes
Underlying index:	Euro Stoxx 50
Amount:	$1,779,000
Maturity:	July 5, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus greater of 54.75% and the index return; par if index falls by up to 30%; otherwise, 1.4286% loss for every 1% index decline beyond 30%
Initial index level:	3,507.98
Pricing date:	July 2
Settlement date:	July 10
Underwriter:	Goldman, Sachs & Co.
Fees:	3.55%
Cusip:	40056FQ40

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