By Wendy Van Sickle
Columbus, Ohio, Jan. 11 – GS Finance Corp. priced $10.25 million of 0% buffered Performance Leveraged Upside Securities due July 9, 2021 linked to the MSCI Europe 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 of $10 plus 206% of the index return.
Investors will receive par if the index declines by up to 15% and will lose 1% for each 1% decline in the index beyond 15%.
Goldman Sachs & Co. is the agent, with Morgan Stanley Wealth Management acting as dealer.
| Issuer: | GS Finance Corp.
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| Guarantor: | Goldman Sachs Group, Inc.
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| Issue: | Buffered Performance Leveraged Upside Securities
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| Underlying index: | MSCI Europe index
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| Amount: | $10.25 million
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| Maturity: | July 9, 2021
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| Coupon: | 0%
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| Price: | Par of $10
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| Payout at maturity: | If the index return is positive, par plus 206% of the index return; par if the index declines by up to 15%; 1% loss for each 1% decline beyond 15%
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| Initial index level: | 116.2
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| Pricing date: | Jan. 4
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| Settlement date: | Jan. 9
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| Underwriter: | Goldman Sachs & Co.
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| Dealer: | Morgan Stanley Wealth Management
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| Fees: | 3.175%
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| Cusip: | 36257D121
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