By Kiku Steinfeld
Chicago, March 21 – GS Finance Corp. priced $176,000 of 0% leveraged index-linked notes due Sept. 24, 2026 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is zero or positive, the payout at maturity will be par plus 1.64 times the index return.
If the index declines by up to 30%, the payout will be par plus the absolute value of the index return.
Otherwise, investors will be fully exposed to the decline of the index.
The notes are guaranteed by Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC is the underwriter.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group Inc.
|
| Issue: | Leveraged index-linked notes
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| Underlying index: | Euro Stoxx 50
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| Amount: | $176,000
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| Maturity: | Sept. 24, 2026
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| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If the index return is zero or positive, par plus 1.64 times the index return; if the index declines by up to 30%, par plus the absolute value of the index return; otherwise, investors will be fully exposed to the decline of the index
|
| Initial index level: | 4,130.84
|
| Trigger level: | 70% of initial level
|
| Pricing date: | Sept. 17
|
| Settlement date: | Sept. 22
|
| Underwriter: | Goldman Sachs & Co. LLC
|
| Fees: | 0%
|
| Cusip: | 40057JEW2
|
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