By Marisa Wong
Morgantown, W.Va., June 6 – GS Finance Corp. priced $1.83 million of 0% leveraged index-linked notes due June 4, 2021 tied 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 par plus 2 times the index return.
If the index return is negative but the final index level is at least 78.25% of the initial level, the payout will be par plus the absolute value of the index return.
If the index finishes below 78.25% of the initial level, the payout will be par plus the index return with full exposure to losses.
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
|
| Amount: | $1,825,000
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| Maturity: | June 4, 2021
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| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index return is positive, par plus 2 times the index return; if index return is negative but the final index level is at least 78.25% of the initial level, par plus the absolute value of the index return; if the index finishes below 78.25% of the initial level, par plus the index return with full exposure to losses
|
| Initial index level: | 3,406.65
|
| Pricing date: | May 31
|
| Settlement date: | June 5
|
| Underwriter: | Goldman, Sachs & Co. LLC
|
| Fees: | 3%
|
| Cusip: | 40055QBT8
|
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