By William Gullotti
Buffalo, N.Y., March 31 – GS Finance Corp. priced $2.66 million of 0% index-linked notes due March 30, 2026 linked to the performance of the GS Momentum Builder Focus ER index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If the return of the index is positive, the payout at maturity will be par plus 500% of the return of the index.
Otherwise, investors will receive par.
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: | Index-linked notes
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Underlying index: | GS Momentum Builder Focus ER index
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Amount: | $2,663,000
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Maturity: | March 30, 2026
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If the index return is positive, par plus 500% of the return; otherwise, par
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Initial level: | 103.1
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Pricing date: | March 25
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Settlement date: | March 30
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Agent: | Goldman Sachs & Co. LLC
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Fees: | 0.95%
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Cusip: | 40057LL33
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