New Issue: GS Finance sells $1.23 million index-linked notes on Nasdaq, S&P, Dow

By Wendy Van Sickle

Columbus, Ohio, April 9 – GS Finance Corp. priced $1.23 million of 0% index-linked notes due April 3, 2025 tied to the Dow Jones industrial average, the Nasdaq-100 index and 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 each index finishes at or above its initial level, the payout will be par plus 1.1 times the return of the least performing index.

If worst-performing index falls by up to 40%, the payout will be par.

Investors will be exposed to any loss of the worst-performing index if it falls beyond 40%.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying indexes:	Dow Jones industrial average, Nasdaq-100 and S&P 500
Amount:	$1,234,000
Maturity:	April 3, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above its initial level, par plus 1.1 times return of least performing index; par if worst-performing index falls by up to 40%; full exposure to losses of worst performing index if it falls by more than 40%
Initial levels:	7,813.499 for Nasdaq, 2,584.59 for S&P, 21,917.16 for Dow
Pricing date:	March 31
Settlement date:	April 3
Agent:	Goldman Sachs & Co. LLC
Fees:	1.31%
Cusip:	40056YXE9

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