New Issue: GS Finance sells $225,000 index-linked notes on Russell, Stoxx

By Kiku Steinfeld

Chicago, March 21 – GS Finance Corp. priced $225,000 of 0% index-linked notes due March 25, 2024 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 par plus 30.75%. If either index finishes below its initial level but each index finishes at or above 70% of its initial level, the payout will be par. Otherwise, investors will be fully exposed to the loss of the laggard index.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying indexes:	Russell 2000, Euro Stoxx 50
Amount:	$225,000
Maturity:	March 25, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above initial level, par plus 30.75%; if either index declines but each index finishes at or above trigger level, par; otherwise, full exposure to loss of laggard index
Initial index levels:	2,236.871 for Russell, 4,130.84 for Stoxx
Trigger levels:	70% of initial levels
Pricing date:	Sept. 17
Settlement date:	Sept. 22
Agent:	Goldman Sachs & Co. LLC
Fees:	0%
Cusip:	40057JET9

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