By Kiku Steinfeld
Chicago, Jan. 8 – GS Finance Corp. priced $1 million of 0% digital notes due Feb. 2, 2022 linked to the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If the final level of the index is equal to or greater than 80% of the initial level, the payout at maturity will be par plus 8.53%.
Otherwise, investors will lose 1% for every 1% decline of the index from its initial level.
Goldman Sachs & Co. LLC is the underwriter.
| Issuer: | GS Finance Corp.
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| Guarantor: | Goldman Sachs Group, Inc.
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| Issue: | Digital notes
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| Underlying index: | Nasdaq-100 index
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| Amount: | $1 million
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| Maturity: | Feb. 2, 2022
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If the final level of the index is equal to or greater than 80% of the initial level, par plus 8.53%; otherwise, 1% loss for every 1% decline of the index from its initial level
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| Initial index level: | 12,845.36
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| Pricing date: | Dec. 30
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| Settlement date: | Jan. 7
|
| Underwriter: | Goldman Sachs & Co. LLC
|
| Fees: | 0.92%
|
| Cusip: | 40057EY84
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