New Issue: GS Finance sells $8.97 million enhanced trigger jump securities on S&P 500

By Kiku Steinfeld

Chicago, June 10 – GS Finance Corp. priced $8.97 million of 0% enhanced trigger jump securities due Sept. 2, 2021 linked to the S&P 500 index, according to a 424B2 with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the index finishes at or above its downside threshold level, 90% of its initial level, the payout at maturity will equal par of $10 plus the greater of the return and the fixed payment percentage of 12.65%.

If the index falls below its downside threshold value, investors will be fully exposed to the index's decline from the initial level.

Goldman Sachs & Co. LLC is the underwriter. Morgan Stanley Wealth Management is acting as dealer.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Enhanced trigger jump securities
Underlying index:	S&P 500
Amount:	$8,965,600
Maturity:	Sept. 2, 2021
Coupon:	0%
Price:	Par of $10
Payout at maturity:	If index finishes at or above its downside threshold, par plus greater of return and 12.65%; if index falls below its downside threshold level, 1% loss for each 1% decline from initial level
Initial index level:	3,029.73
Downside threshold level:	2,726.757, 90% of initial level
Pricing date:	May 28
Settlement date:	June 2
Underwriter:	Goldman Sachs & Co. LLC
Dealer:	Morgan Stanley Wealth Management
Fees:	2.35%
Cusip:	36259J373

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