By Marisa Wong
Morgantown, W.Va., Dec. 13 – GS Finance Corp. priced $1.88 million of 0% index-linked notes due Dec. 2, 2020 linked to 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.
If the index return is positive, the payout at maturity will be par plus the index return, subject to the maximum settlement amount of $1,285 per $1,000 principal amount.
If the index return is zero or negative, the payout will be the greater of par plus the index return and $975 per $1,000 principal amount.
Goldman Sachs & Co. LLC is the agent with JPMorgan as placement agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Index-linked notes
|
| Underlying index: | Euro Stoxx 50 index
|
| Amount: | $1.88 million
|
| Maturity: | Dec. 2, 2020
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus index return, capped at 28.5%; floor of 97.5% of par
|
| Initial index level: | 3,527.55
|
| Final level: | Average of closing levels on five averaging dates ending Nov. 29, 2019
|
| Pricing date: | Dec. 1
|
| Settlement date: | Dec. 6
|
| Agent: | Goldman Sachs & Co. LLC with JPMorgan as placement agent
|
| Fees: | 2.175%
|
| Cusip: | 40055A6D4
|
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