New Issue: GS Finance sells $4.13 million 8.4% fixed-coupon index-linked notes on Russell, S&P

By Wendy Van Sickle

Columbus, Ohio, May 6 – GS Finance Corp. priced $4.13 million of 8.4% fixed-coupon index-linked notes due May 4, 2021 tied to the lesser performing of 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.

Interest is payable monthly.

The payout at maturity will be par unless either index falls by more than 20%, in which case investors will be fully exposed to the losses beyond the buffer level.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Fixed-coupon index-linked notes
Underlying indexes:	Russell 2000 and S&P 500
Amount:	$4,125,000
Maturity:	May 4, 2021
Coupon:	8.4%, payable monthly
Price:	Par
Payout at maturity:	Par unless either index falls by more than 20%, in which case full exposure to losses beyond buffer level
Initial levels:	1,360.763 for Russell and 2,939.51 for S&P
Buffer levels:	80% of initial levels
Pricing date:	April 29
Settlement date:	May 4
Agent:	Goldman, Sachs & Co. LLC
Fees:	4.1%
Cusip:	40057E5T0

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