New Issue: GS Finance sells $976,000 index-linked notes on Russell, Stoxx

By Wendy Van Sickle

Columbus, Ohio, March 4 – GS Finance Corp. priced $976,000 of 0% index-linked notes due Feb. 28, 2025 tied to the Russell 2000 index and 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 each index finishes at or above its initial level, the payout will be the greater of the threshold settlement amount of $1,500 per $1,000 of note and par plus the return of the lesser-performing index.

If the lesser performing index falls by up to 25%, investors will receive par. Investors will lose 1% for each 1% loss of the lesser performing index beyond 25%.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying indexes:	Russell 2000 and Euro Stoxx 50
Amount:	$976,000
Maturity:	Feb. 28, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above initial level, greater of the threshold settlement amount of $1,500 per $1,000 of note and par plus return of the lesser-performing index; if lesser performing index falls by up to 25%, par; 1% loss for each 1% decline of lesser performing index beyond 25%
Initial levels:	1,571.897 for Russell, 3,572.51 for Stoxx
Pricing date:	Feb. 25
Settlement date:	Feb. 28
Agent:	Goldman Sachs & Co. LLC
Fees:	4.475%
Cusip:	40056YFX7

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