By Sarah Lizee
Olympia, Wash., Dec. 13 – GS Finance Corp. priced $9.14 million of 0% leveraged buffered index-linked notes due June 16, 2021 tied to the MSCI Emerging Markets 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 1.5 times the index return, capped at par plus 50.7%.
The payout will be par if the index falls by up to 20%.
Investors lose 1.25% for every 1% decline in the index beyond 20%.
Goldman Sachs & Co. is the underwriter.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Leveraged buffered index-linked notes
|
| Underlying index: | MSCI Emerging Markets
|
| Amount: | $9.14 million
|
| Maturity: | June 16, 2021
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If the index return is positive, par plus 1.5 times the index return, capped at par plus 50.7%; par if the index falls by up to 20%; 1.25% loss for every 1% decline in the index beyond 20%
|
| Initial index level: | 964.80
|
| Pricing date: | Dec. 11
|
| Settlement date: | Dec. 14
|
| Underwriter: | Goldman Sachs & Co.
|
| Fees: | 0.175%
|
| Cusip: | 40056EMZ8
|
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