By Sarah Lizee
Olympia, Wash., Aug. 21 – GS Finance Corp. priced $9.28 million of 0% leveraged buffered notes due Aug. 22, 2022 linked to a basket of two indexes and one fund, according to a 424B2 filing with the Securities and Exchange Commission.
The basket consists of the Euro Stoxx 50 index with a 40% weight, the iShares MSCI Emerging Markets ETF with a 40% weight and the Russell 2000 index with a 20% weight.
The payout at maturity will be par plus 1.1 times any basket gain.
Investors will receive par if the basket falls by up to 20% and will be fully exposed to the loss if the basket falls by more than 20%.
The notes are guaranteed by Goldman Sachs Group, Inc.
Goldman Sachs & Co. is the underwriter.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Leveraged buffered notes
|
| Underlying assets: | Euro Stoxx 50 index (40% weight), iShares MSCI Emerging Markets ETF (40% weight), Russell 2000 index (20% weight)
|
| Amount: | $9,279,000
|
| Maturity: | Aug. 22, 2022
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.1 times any basket gain; par if the basket falls by up to 20%; exposure to losses if basket falls beyond 20%
|
| Initial index levels: | 3,372.94 for Euro Stoxx 50, $42.21 for iShares MSCI Emerging Markets, 1,692.947 for Russell 2000
|
| Pricing date: | Aug. 17
|
| Settlement date: | Aug. 22
|
| Underwriter: | Goldman Sachs & Co.
|
| Fees: | 4.05%
|
| Cusip: | 40055QNM0
|
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