By William Gullotti
Buffalo, N.Y., Nov. 4 – GS Finance Corp. priced $2.06 million of 0% market-linked notes due Oct. 31, 2025 linked to the Dow Jones industrial average, according to a 424B2 with the Securities and Exchange Commission.
The securities are guaranteed by Goldman Sachs Group, Inc.
If the final index level is greater than the initial index level, the payout at maturity will be par plus the index gain, subject to a maximum payout of par plus 49.2%.
If the index finishes flat or declines, investors will receive par.
Goldman Sachs & Co. LLC is the agent. UBS Financial Services Inc. is the distributor.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Market-linked notes
|
| Underlying index: | Dow Jones industrial average
|
| Amount: | $2,057,000
|
| Maturity: | Oct. 31, 2025
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus any index gain capped at 49.2%; par if index finishes flat or falls
|
| Initial index level: | 31,839.11
|
| Pricing date: | Oct. 26
|
| Settlement date: | Oct. 31
|
| Agent: | Goldman Sachs & Co. LLC
|
| Distributor: | UBS Financial Services Inc.
|
| Fees: | None
|
| Cusip: | 40057NQV2
|
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