New Issue: GS Finance sells $1.61 million buffered digital notes linked to S&P 500

By Kiku Steinfeld

Chicago, Feb. 8 – GS Finance Corp. priced $1.61 million of 0% buffered digital index-linked notes due July 31, 2024 tied to 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.

The payout at maturity will be $1,137.50 per $1,000 principal amount of notes if the final index level is greater than or equal to 85% of the initial level. Otherwise, investors will lose 1% for every 1% that the index declines beyond 15%.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Buffered digital index-linked notes
Underlying index:	S&P 500 index
Amount:	$1,609,000
Maturity:	July 31, 2024
Coupon:	0%
Price:	Par
Payout at maturity:	$1,137.50 per $1,000 principal amount of notes if final index level is greater than or equal to 85% of initial level; otherwise, 1% loss for every 1% that index declines beyond 15%
Initial index level:	3,849.62
Buffer level:	85% of initial level
Pricing date:	Jan. 26
Settlement date:	Jan. 29
Agent:	Goldman Sachs & Co. LLC
Fees:	3.2%
Cusip:	40057EX28

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