Prospectus Supplement No. 5,347 Addendum dated April 1, 2019

Filed Pursuant to Rule 424(b)(2)
Registration Statement No. 333-219206

LOGO  

GS Finance Corp.

$1,510,000

Motif Capital National Defense 7 ER Index-Linked Notes due 2026

guaranteed by

The Goldman Sachs Group, Inc.

 

This prospectus supplement addendum relates to $1,510,000 principal amount of notes that were offered on March 25, 2019, as described in the accompanying prospectus supplement no. 5,347 dated March 25, 2019.

The projected payment schedule was incorrectly stated in the accompanying prospectus supplement no. 5,347 dated March 25, 2019. Please refer to the corrected information below.

The following two paragraphs reflect corrected information and replace, in their entirety, the fourth and fifth paragraphs under “Supplemental Discussion of Federal Income Tax Consequences—United States Holders” beginning on page S-50 of the accompanying prospectus supplement no. 5,347. The amended paragraphs below should be read in conjunction with the accompanying prospectus supplement no. 5,347 dated March 25, 2019 (except for those paragraphs being replaced), the accompanying prospectus supplement dated July 10, 2017 and the accompanying prospectus dated July 10, 2017:

We have determined that the comparable yield for the notes is equal to 3.60% per annum, compounded We have determined that the projected payment schedule consists of the quarterly interest payments and a projected payment at maturity of $1,127.00 (excluding the final interest payment) based on an investment of $1,000.

Based on this comparable yield, if you are an initial holder that holds a note until maturity and you pay your taxes on a calendar year basis, we have determined that you would be required to report the following amounts as ordinary income, not taking into account any positive or negative adjustments you may be required to take into account based on the actual payments on the notes, from the note each year:

 

Accrual Period

  

Interest Deemed to

Accrue During Accrual

  Period (per $1,000 note)  

  

Total Interest Deemed to Have
Accrued from Original Issue
Date (per $1,000 note) as of End
of Accrual Period

March 28, 2019 through December 31, 2019

   $27.41    $27.41

January 1, 2020 through December 31, 2020

   $36.67    $64.08

January 1, 2021 through December 31, 2021

   $37.28    $101.36

January 1, 2022 through December 31, 2022

   $37.92    $139.28

January 1, 2023 through December 31, 2023

   $38.56    $177.84

January 1, 2024 through December 31, 2024

   $39.24    $217.08

January 1, 2025 through December 31, 2025

   $39.94    $257.02

January 1, 2026 through March 30, 2026

   $9.98    $267.00

You are required to use the comparable yield and projected payment schedule that we compute in determining your interest accruals in respect of your notes, unless you timely disclose and justify on your U.S. federal income tax return the use of a different comparable yield and projected payment schedule.

 

The comparable yield and projected payment schedule are not provided to you for any purpose other than the determination of your interest accruals in respect of your notes, and we make no representation regarding the amount of contingent payments with respect to your notes.

You should read the additional disclosure in the accompanying prospectus supplement no. 5,347 dated March 25, 2019 to better understand the terms and risks of your investment, including the credit risk of GS Finance Corp. and The Goldman Sachs Group, Inc. See page S-19 of the accompanying prospectus supplement no. 5,347 dated March 25, 2019.

Neither the Securities and Exchange Commission nor any other regulatory body has approved or disapproved of these securities or passed upon the accuracy or adequacy of this prospectus. Any representation to the contrary is a criminal offense. The notes are not bank deposits and are not insured by the Federal Deposit Insurance Corporation or any other governmental agency, nor are they obligations of, or guaranteed by, a bank.

Goldman Sachs & Co. LLC

Prospectus Supplement No. 5,347 Addendum dated April 1, 2019


GS Finance Corp. may use this prospectus in the initial sale of the notes. In addition, Goldman Sachs & Co. LLC, or any other affiliate of GS Finance Corp. may use this prospectus in a market-making transaction in a note after its initial sale. Unless GS Finance Corp. or its agent informs the purchaser otherwise in the confirmation of sale, this prospectus is being used in a market-making transaction.

 

About Your Prospectus

The notes are part of the Medium-Term Notes, Series E program of GS Finance Corp., and are fully and unconditionally guaranteed by The Goldman Sachs Group, Inc. This prospectus includes this prospectus supplement addendum and the accompanying documents listed below. This prospectus supplement addendum constitutes a supplement to the documents listed below and should be read in conjunction with such documents:

 

   

Prospectus supplement no. 5,347 dated March 25, 2019

 

 

   

Prospectus supplement dated July 10, 2017

 

 

   

Prospectus dated July 10, 2017

 

The information in this prospectus supplement addendum supersedes any conflicting information in the documents listed above. In addition, some of the terms or features described in the listed documents may not apply to your notes.