Chicago, Nov. 3 – GS Finance Corp. priced $2.73 million of 0% leveraged buffered index-linked notes due Oct. 30, 2025 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index gains the payout at maturity will be par plus 146% of the return of the index. The payout will be par plus the absolute value of the index if the index declines but by no more than the 10% buffer. Investors will lose 1% for every 1% that the index declines beyond the buffer.
The notes are guaranteed by Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
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| Issue: | Leveraged buffered index-linked notes
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| Underlying index: | Euro Stoxx 50 index
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| Amount: | $2.73 million
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| Maturity: | Oct. 30, 2025
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index gains par plus 146% of index return; par plus absolute return if index declines but by no more than 10% buffer; otherwise, par minus of index decline beyond buffer
|
| Initial level: | 4,014.36
|
| Buffer level: | 90% of initial level
|
| Upside leverage: | 146%
|
| Cap: | None
|
| Buffer: | 10%
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| Pricing date: | Oct. 27
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| Settlement date: | Nov. 1
|
| Agent: | Goldman Sachs & Co. LLC
|
| Fees: | 0.8%
|
| Cusip: | 40057WPN1
|
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