By William Gullotti
Buffalo, N.Y., June 16 – GS Finance Corp. priced $600,000 of 0% buffered index-linked notes due June 12, 2026 based on the performance of the Dow Jones U.S. Select Dividend index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
The payout at maturity will be par plus any index gain.
If the index falls by up to 10%, the payout will be par.
Otherwise, investors will lose 1% for every 1% decline beyond 10%.
Goldman, Sachs & Co. LLC is the agent.
Issuer: | GS Finance Corp.
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Guarantor: | Goldman Sachs Group, Inc.
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Issue: | Buffered index-linked notes
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Underlying index: | Dow Jones U.S. Select Dividend index
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Amount: | $600,000
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Maturity: | June 12, 2026
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus any index gain; if index falls by up to 10%, par; 1% loss for every 1% decline beyond 10%
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Initial index level: | 865.96
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Buffer level: | 90% of initial level
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Pricing date: | June 9
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Settlement date: | June 14
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Agent: | Goldman, Sachs & Co. LLC
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Fees: | 4.1%
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Cusip: | 40057HJP6
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