New Issue: GS Finance prices $3.25 million of digital basket-linked notes on index basket

By William Gullotti

Buffalo, N.Y., March 16 – GS Finance Corp. priced $3.25 million of digital basket-linked notes due Sept. 13, 2023 linked a weighted basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 36% weight, the Topix index with a 29% weight, the FTSE 100 index with a 16% weight, the Swiss Market index with an 11% weight and the S&P/ASX 200 index with an 8% weight.

If the basket finishes flat or gains, the payout at maturity will be the greater of par plus the basket return and par plus 22.82%. If the basket finishes below its initial level, investors will be exposed to the decline.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Digital basket-linked notes
Underlying basket:	Euro Stoxx 50 (36% weight), Topix (29% weight), FTSE 100 (16% weight), Swiss Market (11% weight), S&P/ASX 200 (8% weight)
Amount:	$3.25 million
Maturity:	Sept. 13, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If the basket finishes flat or gains, par plus the greater of the basket return and 22.82%; otherwise, full exposure to basket decline
Initial levels:	3,686.78 for Euro Stoxx, 1,799.54 for Topix, 7,155.64 for FTSE, 11,495.69 for Swiss Market, 7,063.601 for S&P/ASX
Pricing date:	March 11
Settlement date:	March 18
Agent:	Goldman Sachs & Co. LLC
Fees:	1.13%
Cusip:	40057LGR6

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