New Issue: GS Finance sells $33.59 million digital notes linked to S&P 500

By Marisa Wong

Morgantown, W.Va., April 5 – GS Finance Corp. priced $33.59 million of 0% digital notes due April 4, 2019 linked to 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.

If the index return is at least negative 15%, the payout at maturity will be the threshold settlement amount of $1,092.50 per $1,000 of notes. Investors will lose 1.1765% for each 1% decline beyond 15%.

Goldman Sachs & Co. is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Digital notes
Underlying index:	S&P 500
Amount:	$33.59 million
Maturity:	April 4, 2019
Coupon:	0%
Price:	Par of $1,000
Payout at maturity:	If the index return at least negative 15%, par plus 9.25%; 1.1765% loss for each 1% decline beyond 15%
Initial level:	2,358.84
Pricing date:	April 3
Settlement date:	April 10
Agent:	Goldman Sachs & Co.
Fees:	1.35%
Cusip:	40054KZG4

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