By Cady Vishniac
Chicago, Dec. 31 – GS Finance Corp. priced $957,000 of 0% digital index-linked notes due Dec. 29, 2026 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 greater of 40% and the index return.
If the index declines by up to 35%, the payout will be par.
Otherwise, the payout will be par plus the index return with full exposure to the decline.
Goldman Sachs & Co. LLC is the underwriter.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
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| Issue: | Digital index-linked notes
|
| Underlying index: | Euro Stoxx 50 index
|
| Amount: | $957,000
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| Maturity: | Dec. 29, 2026
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If the index finishes at or above its initial level, par plus the greater of 40% and the index gain; if the index declines by up to 35%, par; otherwise, full exposure to the index decline
|
| Initial index level: | 3,539.26
|
| Pricing date: | Dec. 23
|
| Settlement date: | Dec. 29
|
| Underwriter: | Goldman Sachs & Co. LLC
|
| Fees: | 3.925%
|
| Cusip: | 40057ETL1
|
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