By Marisa Wong
Morgantown, W.Va., Feb. 7 – GS Finance Corp. priced $1,537,000 of 0% index-linked notes due Feb. 2, 2023 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 return is zero or positive, the payout at maturity will be the greater of the threshold settlement amount, $1,520 per $1,000 principal amount, and par plus the index return.
If the index falls by up to 40%, the payout will be par.
If the index falls by more than 40%, investors will be fully exposed to the decline.
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: | Euro Stoxx 50 index
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| Amount: | $1,537,000
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| Maturity: | Feb. 2, 2023
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If the index return is zero or positive, par plus greater of 52% and index return; if the index falls by up to 40%, par; otherwise, full exposure to any index decline
|
| Initial index level: | 3,643.04
|
| Pricing date: | Jan. 29
|
| Settlement date: | Jan. 31
|
| Agent: | Goldman Sachs & Co. LLC
|
| Fees: | 4.35%
|
| Cusip: | 40055AEW3
|
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