New Issue: GS Finance sells $100,000 index-linked notes tied to S&P, Russell

By Wendy Van Sickle

Columbus, Ohio, Feb. 27 – GS Finance Corp. priced $100,000 of 0% index-linked notes due Dec. 1, 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.

If the return of each index is positive, the payout at maturity will be par plus the return of the lesser performing index up to a 17.5% maximum return.

Otherwise, investors will be exposed to the first 5% of any loss of the lesser performing index.

Goldman Sachs & Co. is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying indexes:	S&P 500 and Russell 2000
Amount:	$100,000
Maturity:	Dec. 1, 2021
Coupon:	0%
Price:	Par
Payout at maturity:	If the return of each index is positive, par plus return of the lesser performing index up to 17.5% maximum return; exposure to first 5% of any loss of the lesser performing index
Initial levels:	1,588.805 for Russell and 2,796.11 for S&P
Pricing date:	Feb. 25
Settlement date:	Feb. 28
Underwriter:	Goldman Sachs & Co.
Fees:	2.925%
Cusip:	40056EWG9

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