New Issue: GS Finance sells $334,000 index-linked notes on Russell, S&P

By Wendy Van Sickle

Columbus, Ohio, March 9 – GS Finance Corp. priced $334,000 of 0% index-linked notes due March 5, 2025 tied to the Russell 2000 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 $1,275 per $1,000 note.

If the lesser performing index falls by up to 40%, investors will receive par plus the absolute value of its return. Investors will lose 1% for each 1% loss if the lesser performing index declines by more than 40%.

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 S&P 500
Amount:	$334,000
Maturity:	March 5, 2025
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above initial level, $1,275 per $1,000 note; if lesser performing index falls by up to 40%, par plus absolute value of its return; 1% loss for each 1% decline of lesser performing index if it falls by more than 40%
Initial levels:	1,476.431 for Russell, 2,954.22 for S&P
Pricing date:	Feb. 28
Settlement date:	March 4
Agent:	Goldman Sachs & Co. LLC
Fees:	0.91%
Cusip:	40056YFC3

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