New Issue: Goldman Sachs prices $1.6 million digital notes tied to S&P 500

By Marisa Wong

Madison, Wis., June 9 – Goldman Sachs Group, Inc. priced $1.6 million of 0% digital notes due June 12, 2020 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

If the index return is greater than or equal to negative 31%, the payout at maturity will be the maximum settlement amount of $1,280 per $1,000 principal amount of notes. Otherwise, investors will lose 1.4493% for every 1% that the index declines beyond 31%.

Goldman Sachs & Co. is the underwriter.

Issuer:	Goldman Sachs Group, Inc.
Issue:	Digital index-linked notes
Underlying index:	S&P 500 index
Amount:	$1.6 million
Maturity:	June 12, 2020
Coupon:	0%
Price:	Par
Payout at maturity:	If index return is greater than or equal to negative 31%, $1,280 per $1,000 principal amount; otherwise, 1.4493% loss for every 1% decline beyond 31%
Initial level:	2,092.83
Pricing date:	June 5
Settlement date:	June 12
Agent:	Goldman Sachs & Co.
Fees:	0.6%
Cusip:	38148T4K2

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