New Issue: GS Finance sells $1.06 million index-linked notes on Nasdaq-100, S&P

By Wendy Van Sickle

Columbus, Ohio, June 3 – GS Finance Corp. priced $1.06 million 0% index-linked notes due June 3, 2025tied to 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 worse-performing index gains or finishes flat, the payout will be par plus the return of the lesser performing index.

If any index falls by up to 20%, the payout will be par.

Investors will be exposed to the loss of the worse-performing index beyond 20%.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying indexes:	Nasdaq-100 and S&P 500
Amount:	$1,055,000
Maturity:	June 3, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If worse-performing index gains or finishes flat, par plus the return of the lesser performing index; if any index falls by up to 20%, par; exposure to the loss of the worse-performing index beyond 20%
Initial levels:	3,044.31 for S&P, 9,555.524 for Nasdaq
Buffer levels:	80% of initial levels
Pricing date:	May 29
Settlement date:	June 3
Agent:	Goldman Sachs & Co. LLC
Fees:	4.45%
Cusip:	40057C3M1

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