By William Gullotti
Buffalo, N.Y., June 16 – GS Finance Corp. priced $4.5 million of 0% market-linked notes due June 13, 2025 linked to the Nasdaq-100 index, according to a 424B2 with the Securities and Exchange Commission.
The securities are guaranteed by Goldman Sachs Group, Inc.
If the final index level is greater than the initial index level, the payout at maturity will be par plus the index gain, subject to a maximum payout of par plus 22.55%.
If the index finishes flat or declines, investors will receive par.
Goldman Sachs & Co. LLC is the agent with Morgan Stanley Wealth Management as dealer.
| Issuer: | GS Finance Corp.
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| Guarantor: | Goldman Sachs Group, Inc.
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| Issue: | Market-linked notes
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| Underlying index: | Nasdaq-100 index
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| Amount: | $4.5 million
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| Maturity: | June 13, 2025
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| Coupon: | 0%
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| Price: | Par of $10
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| Payout at maturity: | Par plus any index gain capped at 22.55%; par if index finishes flat or falls
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| Initial index level: | 11,832.82
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| Pricing date: | June 10
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| Settlement date: | June 15
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| Agent: | Goldman Sachs & Co. LLC with Morgan Stanley Wealth Management as dealer
|
| Fees: | 1.45%
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| Cusip: | 36263Q660
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