New Issue: GS Finance prices $2.59 million digital index-linked notes linked to S&P, Dow

By Wendy Van Sickle

Columbus, Ohio, Nov. 14 – GS Finance Corp. priced $2.59 million of digital index-linked notes due Nov. 15, 2019 linked to the lesser performing of the S&P 500 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

The notes will be guaranteed by Goldman Sachs Group, Inc.

If both indexes finish at or above 70% of their initial levels the payout at maturity will be par plus 6.4%.

Otherwise investors will be exposed to the loss of the lesser performing index from its initial level.

Goldman Sachs & Co. is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Digital notes
Underlying indexes:	S&P 500 and Dow Jones industrial average
Amount:	$2,589,000
Maturity:	Nov. 15, 2019
Coupon:	0%
Price:	Par
Payout at maturity:	If each index return is greater than or equal to negative 30%, par plus 6.4%; if return of either index is less than negative 30%, 1% loss for every 1% that lesser-performing index declines from initial level
Initial levels:	26,180.3 for Dow and 2,813.89 for S&P 500
Pricing date:	Nov. 7
Settlement date:	Nov. 15
Underwriter:	Goldman Sachs & Co.
Fees:	0.1%
Cusip:	40056EED6

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