New Issue: GS Finance sells $490,000 trigger notes tied to S&P Regional Banks

By Marisa Wong

Morgantown, W.Va., April 30 – GS Finance Corp. priced $490,000 of 0% trigger notes due May 1, 2019 linked to the S&P Regional Banks Select Industry index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index finishes at or above the 85% trigger level, the payout at maturity will be par plus the greater of the index return, capped at 28.5%, and zero.

Otherwise, investors will lose 1% for each 1% decline of the index from its initial level.

Goldman, Sachs & Co. is the underwriter with JPMorgan as placement agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Trigger notes
Underlying index:	S&P Regional Banks Select Industry index
Amount:	$490,000
Maturity:	May 1, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If the index finishes at or above the 85% trigger level, par plus the greater of the index return, capped at 28.5%, and zero; otherwise, 1% loss for each 1% decline of the index from its initial level
Initial index level:	1,892.09
Pricing date:	April 13
Settlement date:	April 18
Underwriter:	Goldman, Sachs & Co. with JPMorgan as placement agent
Fees:	1.1%
Cusip:	40055AY76

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