By Wendy Van Sickle
Columbus, Ohio, March 30 – GS Finance Corp. priced $615,000 of 0% index-linked notes due March 28, 2025 linked to the Euro Stoxx 50 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 will be par plus the return.
Otherwise, investors will be exposed to the first 5% of any index decline.
Goldman Sachs & Co. LLC is the underwriter.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Index-linked notes
|
| Underlying index: | Euro Stoxx 50 index
|
| Amount: | $615,000
|
| Maturity: | March 28, 2025
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If the index finishes at or above its initial level, par plus the return; exposure to first 5% of any loss
|
| Initial index level: | 2,548.5
|
| Pricing date: | March 20
|
| Settlement date: | March 27
|
| Underwriter: | Goldman Sachs & Co. LLC
|
| Fees: | 3.35%
|
| Cusip: | 40056YNR1
|
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