By Devika Patel
Knoxville, Tenn., Dec. 28 – GS Finance Corp. priced $125,000 of 0% leveraged buffered notes due Dec. 8, 2022 linked to the iShares MSCI Emerging Markets exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
The payout at maturity will be par plus 105% of any ETF gain.
Investors will receive par if the ETF falls by up to 20% and will lose 1% for every 1% decline beyond 20%.
Goldman Sachs & Co. is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Leveraged buffered notes
|
| Underlying ETF: | iShares MSCI Emerging Markets exchange-traded fund
|
| Amount: | $125,000
|
| Maturity: | Dec. 8, 2022
|
| Coupon: | 0%
|
| Price: | Par of $1,000
|
| Payout at maturity: | Par plus 105% of any ETF gain; par if ETF declines by 20% or less; 1% loss for every 1% drop beyond 20%
|
| Initial level: | $41.91
|
| Pricing date: | Dec. 3
|
| Settlement date: | Dec. 6
|
| Agents: | Goldman Sachs & Co.
|
| Fees: | 1.55%
|
| Cusip: | 40056EBZ0
|
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