New Issue: GS Finance prices $841,000 digital index-linked notes on S&P

Chicago, April 19 – GS Finance Corp. priced $841,000 of 0% digital index-linked notes due Jan. 23, 2026 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.

The notes are guaranteed by Goldman Sachs Group, Inc.

If the final level of the index is greater than or equal to the buffer level, 80% of its initial level, the payout at maturity will be par plus 15%.

Otherwise, investors will lose 1% for every 1% that the index declines from the initial level.

Goldman Sachs & Co. LLC is the underwriter.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Digital index-linked notes
Underlying index:	S&P 500 index
Amount:	$841,000
Maturity:	Jan. 23, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If the final index level is greater than or equal to 80% trigger level, par plus 15%; otherwise, 1% loss for every 1% that index declines from initial level
Initial index level:	4,839.81
Trigger level:	80% of initial level
Pricing date:	Jan. 19
Settlement date:	Jan. 24
Underwriter:	Goldman Sachs & Co. LLC
Fees:	2%
Cusip:	40057XPH2

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.