By William Gullotti
Buffalo, N.Y., April 3 – GS Finance Corp. priced $1.5 million of 3.2% index-linked notes due March 26, 2031 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.
Interest will be paid quarterly.
If the return of the index is positive, the payout at maturity will be par plus 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
|
| Amount: | $1.5 million
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| Maturity: | March 26, 2031
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| Coupon: | 3.2%, paid quarterly
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| Price: | Par
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| Payout at maturity: | If the index return is positive, par plus the return; otherwise, par
|
| Initial level: | 107.17
|
| Pricing date: | March 21
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| Settlement date: | March 26
|
| Agent: | Goldman Sachs & Co. LLC
|
| Fees: | 4.5%
|
| Cusip: | 40057YRD7
|
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