Chicago, Jan. 30 – GS Finance Corp. priced $500,000 of 0% buffered digital equity-linked notes due Feb. 12, 2025 linked to the stock performance of Nvidia Corp., according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If the stock finishes at or above buffer level, 85% of initial level, the payout at maturity will be par plus 22.45%.
Otherwise, investors will lose 1.1765% for every 1% that the stock declines beyond the 15% buffer.
Goldman Sachs & Co. LLC is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
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| Issue: | Buffered digital equity-linked notes
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| Underlying stock: | Nvidia Corp.
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| Amount: | $500,000
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| Maturity: | Feb. 12, 2025
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If the stock finishes at or above buffer level, par plus 22.45%; otherwise, 1.1765% loss for every 1% of stock decline beyond 15% buffer
|
| Initial stock level: | $543.50
|
| Buffer level: | 85% of initial level
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| Pricing date: | Jan. 10
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| Settlement date: | Jan. 18
|
| Agent: | Goldman Sachs & Co. LLC
|
| Fees: | 0.82%
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| Cusip: | 40057XTK1
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