By Kiku Steinfeld
Chicago, March 2– GS Finance Corp. priced $1.83 million of 0% capped gears due April 30, 2021 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 positive, the payout at maturity will be par plus 3 times the index gain, capped at $12.31 per each $10 face amount of notes.
Otherwise, investors will be fully exposed to the index decline.
Goldman Sachs & Co. LLC is the underwriter with UBS Financial Services Inc. as selling agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Capped gears
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $1,832,230
|
| Maturity: | April 30, 2021
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 3 times any index gain, capped at par plus $12.31 per each $10 note; full exposure to any index decline
|
| Initial index level: | 3,577.68
|
| Pricing date: | Feb. 26
|
| Settlement date: | Feb. 28
|
| Underwriter: | Goldman Sachs & Co. LLC with UBS Financial Services Inc. as selling agent
|
| Fees: | 2.1%
|
| Cusip: | 36259H427
|
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