New Issue: Goldman prices $7.02 million trigger performance notes linked to S&P 500

By Angela McDaniels

Tacoma, Wash., April 29 – Goldman Sachs Group, Inc. priced $7.02 million of 0% trigger performance securities due April 30, 2020 linked to the S&P 500 index, according to a 424B2 with the Securities and Exchange Commission.

If the index return is positive, the payout at maturity will be par of $10 plus 130% of the index return. Investors will receive par if the index falls by 25% or less and will be fully exposed to losses from the initial level if it falls by more than 25%.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Trigger performance securities
Underlying index:	S&P 500
Amount:	$7,023,350
Maturity:	April 30, 2020
Coupon:	0%
Price:	Par of $10
Payout at maturity:	Par plus 130% of any index gain; par if index falls by 25% or less; full exposure to losses if index finishes below trigger level
Initial index level:	2,108.92
Trigger level:	1,581.69, 75% of initial level
Pricing date:	April 27
Settlement date:	April 30
Underwriter:	Goldman Sachs & Co.
Fees:	3.85%
Cusip:	38146U660

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