By Marisa Wong
Morgantown, W.Va., May 22 – GS Finance Corp. priced $9,204,000 of 0% leveraged buffered notes due Nov. 3, 2020 linked to a basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
The basket includes the Euro Stoxx 50 index with an 81% weight and the Swiss Market index with a 19% weight.
The payout at maturity will be par plus 2 times any basket gain.
Investors will receive par if the basket declines by 10% or less and will lose 1% for every 1% that it declines beyond 10%.
Goldman Sachs & Co. LLC is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
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| Issue: | Leveraged buffered notes
|
| Underlying basket: | Euro Stoxx 50 index (81% weight) and Swiss Market index (19% weight)
|
| Amount: | $9,204,000
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| Maturity: | Nov. 3, 2020
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 2 times any basket gain; par if basket falls by up to 10%; 1% loss for every 1% drop beyond 10%
|
| Initial levels: | 3,514.62 for Euro Stoxx and 9,769.74 for Swiss Market
|
| Pricing date: | April 30
|
| Settlement date: | May 3
|
| Agent: | Goldman Sachs & Co. LLC
|
| Fees: | 0.15%
|
| Cusip: | 40056FBY0
|
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