By Wendy Van Sickle
Columbus, Ohio, Dec. 21 – GS Finance Corp. priced $2.32 million of 1.2% fixed coupon leveraged index-linked notes due Dec. 20, 2028 tied to the S&P 500 Futures Excess Return index, according to a 424B2 filing with the Securities and Exchange Commission.
Interest will be paid quarterly.
If the index return is positive, the payout at maturity will be par plus the index return.
Otherwise, investors will receive par.
The notes are guaranteed by Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC is the underwriter.
Issuer: | GS Finance Corp.
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Issue: | Fixed coupon leveraged index-linked notes
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Underlying index: | S&P 500 Futures Excess Return index
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Amount: | $2,315,000
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Maturity: | Dec. 20, 2028
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Coupon: | 1.2% per year, paid quarterly
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Price: | Par
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Payout at maturity: | If the index return is positive, par plus the return; otherwise, par
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Initial index level: | 418.42
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Pricing date: | Dec. 15
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Settlement date: | Dec. 20
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Underwriter: | Goldman Sachs & Co. LLC
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Fees: | 1.375%
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Cusip: | 40057XF34
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