New Issue: GS Finance sells $9.80 million market-linked notes tied to index basket

By Marisa Wong

Morgantown, W.Va., March 7 – GS Finance Corp. priced $9,798,000 of 0% market-linked notes due Aug. 31, 2023 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Goldman Sachs Group, Inc.

The basket consists of the Euro Stoxx 50 index with a 40% weight, the FTSE 100 index with a 20% weight, the Nikkei 225 index with a 20% weight, the Swiss Market index with a 7.5% weight, the S&P/ASX 200 index with a 7.5% weight and the Hang Seng index with a 5% weight.

The payout at maturity will be par of $10 plus 1.54 times any basket gain.

If the basket finishes flat or falls, the payout will be par.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Market-linked notes
Underlying basket:	Euro Stoxx 50 index (40% weight), FTSE 100 index (20% weight), Nikkei 225 index (20% weight), Swiss Market index (7.5% weight), S&P/ASX 200 index (7.5% weight) and Hang Seng index (5% weight)
Amount:	$9,798,000
Maturity:	Aug. 31, 2023
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 154% of any basket gain; par if basket finishes flat or falls
Initial levels:	3,463.18 for Euro Stoxx, 7,289.58 for FTSE, 22,153.63 for Nikkei, 9,026.11 for Swiss Market, 6,042.177 for S&P/ASX and 31,498.60 for Hang Seng
Pricing date:	Feb. 26
Settlement date:	Feb. 28
Agent:	Goldman Sachs & Co. LLC
Fees:	3.85%
Cusip:	40055AJS7

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