New Issue: GS Finance sells $119,000 digital notes linked to Euro Stoxx 50

By Marisa Wong

Los Angeles, April 13 – GS Finance Corp. priced $119,000 of 0% digital index-linked notes due March 31, 2025 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 43.5%.

If the index return is negative but not below negative 40%, the payout will be par. Otherwise, investors will be fully exposed to losses.

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
Amount:	$119,000
Maturity:	March 31, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If index gains or finishes flat, par plus 43.5%; if index falls by up to 40%, par; otherwise, 1% loss for every 1% decline below initial level
Initial index level:	2,847.78
Pricing date:	March 26
Settlement date:	March 31
Agent:	Goldman Sachs & Co. LLC
Fees:	4.475%
Cusip:	40056YPU2

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