Chicago, May 4 – GS Finance Corp. priced $1.96 million of 0% buffered index-linked notes due April 28, 2028 based on the performance of 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.
The payout at maturity will be par plus 1.35 times any index gain.
If the index falls by up to 30%, the payout will be par.
Otherwise, investors will lose 1% for every 1% decline beyond 30%.
Goldman Sachs & Co. LLC is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Buffered index-linked notes
|
| Underlying index: | Euro Stoxx 50 index
|
| Amount: | $1,955,000
|
| Maturity: | April 28, 2028
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.35 times any index gain; par if index declines but finishes above buffer level; otherwise, 1% loss for each 1% decline beyond 30% buffer
|
| Initial index level: | 4,377.85
|
| Buffer level: | 70% of initial level
|
| Pricing date: | April 25
|
| Settlement date: | April 28
|
| Agent: | Goldman Sachs & Co. LLC
|
| Fees: | 3.84%
|
| Cusip: | 40057RDY1
|
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