By Kiku Steinfeld
Chicago, June 21 – GS Finance Corp. priced $1.94 million of 0% index-linked notes due May 27, 2026 tied to the MSCI Emerging Markets index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus the index return.
Otherwise, the index return is zero or negative but not below -40%, the payout will be par. Otherwise, investors will be fully exposed to the losses of the index.
The notes are guaranteed by Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC is the underwriter.
| Issuer: | GS Finance Corp.
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| Issue: | Index-linked notes
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| Underlying index: | MSCI Emerging Markets
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| Amount: | $1.94 million
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| Maturity: | May 27, 2026
|
| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index return is positive, par plus return; if return is zero or negative but not below -40%, par; otherwise, full exposure to losses
|
| Initial index level: | 1,330.04
|
| Trigger level: | 60% of initial level
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| Pricing date: | May 21
|
| Settlement date: | May 26
|
| Underwriter: | Goldman Sachs & Co. LLC
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| Fees: | 0.25%
|
| Cusip: | 40057HDS6
|
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