Non-orthogonal multiple access (NOMA) and spectrum sharing are two potential technologies for providing massive connectivity in beyond fifth-generation (B5G) networks. In this paper, we present the performance analysis of a multi-antenna-assisted two-user downlink NOMA system in an underlay spectrum sharing system. We derive closed-form expressions for the average achievable sum-rate and outage probability of the secondary network under a peak interference constraint and/or peak power constraint, depending on the availability of channel state information (CSI) of the interference link between secondary transmitter (ST) and primary receiver (PR). For the case where the ST has a fixed power budget, we show that performance can be divided into two specific regimes, where either the interference constraint or the power constraint primarily dictates the performance. Our results confirm that the NOMA-based underlay spectrum sharing system significantly outperforms its orthogonal multiple access (OMA) based counterpart, by achieving higher average sum-rate and lower outage probability. We also show the effect of information loss at the ST in terms of CSI of the link between the ST and PR on the system performance. Moreover, we also present closed-form expressions for the optimal power allocation coefficient that minimizes the outage probability of the NOMA system for the special case where the secondary users are each equipped with a single antenna. A close agreement between the simulation and analytical results confirms the correctness of the presented analysis.