By Wendy Van Sickle
Columbus, Ohio, Nov. 8 – GS Finance Corp. priced $1 million of 0% leveraged buffered index-linked notes due Nov. 6, 2028 tied to the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If the index return is positive, investors will receive par plus 102% of the index gain.
If the index return is flat or falls by up to 30%, investors will receive par.
Investors will lose 1% for every 1% decline.
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: | Leveraged buffered index-linked notes
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Underlying index: | Nasdaq-100 index
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Amount: | $1 million
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Maturity: | Nov. 6, 2028
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 102% of the index gain; if index return is flat or falls by up to 30%, par; otherwise, 1% loss for every 1% decline
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Initial index level: | 14,409.78
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Pricing date: | Oct. 31
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Settlement date: | Nov. 6
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Agent: | Goldman Sachs & Co. LLC
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Fees: | 0.25%
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Cusip: | 40057WZU4
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