New Issue: GS Finance sells $16.44 million index-linked notes on S&P, Dow

By Wendy Van Sickle

Columbus, Ohio, March 21 – GS Finance Corp. priced $16.44 million of 0% index-linked notes due April 3, 2023 linked to the least performing of the Dow Jones industrial average 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 at least 60% of its initial level, the payout at maturity will be par plus 6.35%.

Otherwise, investors will be fully exposed to any losses of the worst performing index.

Goldman Sachs & Co. LLC is the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Index-linked notes
Underlying indexes:	Dow Jones industrial average, S&P 500 index
Amount:	$16.44 million
Maturity:	April 3, 2023
Coupon:	0%
Price:	Par
Payout at maturity:	If the return of each index is at least 60% of its initial level, par plus 6.35%; otherwise, full exposure to loss of lesser-performing index
Initial levels:	34,063.1 for Dow, 4,357.86 for S&P
Pricing date:	March 16
Settlement date:	March 21
Agent:	Goldman Sachs & Co. LLC
Fees:	0%
Cusip:	40057LKE0

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