By William Gullotti
Buffalo, N.Y., Dec. 22 – GS Finance Corp. priced $1.86 million of 0% digital index-linked notes due Dec. 20, 2027 linked to 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 index finishes at or above its initial level, the payout at maturity will be par plus 48%.
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: | Digital index-linked notes
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Underlying index: | GS Momentum Builder Focus ER index
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Amount: | $1.86 million
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Maturity: | Dec. 20, 2027
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If index finishes at or above initial level, par plus 48%; otherwise, par
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Initial index level: | 103.43
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Pricing date: | Dec. 15
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Settlement date: | Dec. 20
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Agent: | Goldman Sachs & Co. LLC
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Fees: | 2.75%
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Cusip: | 40057XCT0
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