New Issue: GS Finance sells $9.93 million index-linked notes on Russell, S&P

By Sarah Lizee

Olympia, Wash., March 31 – GS Finance Corp. priced $9.93 million of 0% index-linked notes due March 28, 2024 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 par plus 1.65 times the return of the lesser performing index.

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

Investors will be exposed to any losses of the worst-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:	Russell 2000 and S&P 500
Amount:	$9,928,00
Maturity:	March 28, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above its initial level, par plus 1.65 times the return of lesser performing index; if either index falls by up to 20%, par; investors will be exposed to any losses of the worst-performing index beyond 20%
Initial levels:	1,002.417 for Russell, 2,237.40 for S&P
Buffer levels:	80% of initial levels
Pricing date:	March 23
Settlement date:	March 26
Agent:	Goldman Sachs & Co. LLC
Fees:	0.65%
Cusip:	40056YWB6

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