New Issue: GS Finance prices $3.22 million digital index-linked notes on Euro Stoxx 50

By William Gullotti

Buffalo, N.Y., June 7 – GS Finance Corp. priced $3.22 million of 0% digital index-linked notes due Nov. 15, 2023 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 flat or positive, the payout at maturity will be the greater of the threshold return of $1,252.50 per $1,000 principal amount of notes or par plus the return of the index. Otherwise, investors will lose 1% for every 1% that the index declines beyond the initial level.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Digital index-linked notes
Underlying index:	Euro Stoxx 50 index
Amount:	$3,220,000
Maturity:	Nov. 15, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is flat or positive, greater of par plus return of index or threshold settlement amount of $1,252.50 per $1,000 principal amount of notes; otherwise, 1% loss for every 1% that index declines beyond initial level
Initial index level:	3,947.43
Pricing date:	May 12
Settlement date:	May 19
Agent:	Goldman Sachs & Co. LLC
Fees:	1.87%
Cusip:	40057H3M0

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