Chicago, Aug. 10 – GS Finance Corp. priced $146,000 of 0% buffered index-linked notes due July 31, 2028 based on the performance of the Dow Jones U.S. Select Dividend 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 130% of any index gain.
If the index falls by up to 25%, the payout will be par.
Otherwise, investors will lose 1% for every 1% decline beyond 25%.
Goldman Sachs & Co. LLC is the agent.
Issuer: | GS Finance Corp.
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Guarantor: | Goldman Sachs Group, Inc.
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Issue: | Buffered index-linked notes
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Underlying index: | Dow Jones U.S. Select Dividend index
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Amount: | $146,000
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Maturity: | July 31, 2028
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 130% of any index gain; if index falls by up to 25%, par; otherwise, 1% loss for every 1% decline beyond 25%
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Initial index level: | 840.93
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Buffer level: | 75% of initial level
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Pricing date: | July 26
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Settlement date: | July 31
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Agent: | Goldman Sachs & Co. LLC
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Fees: | 4.22%
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Cusip: | 40057TFN9
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