By Marisa Wong
Los Angeles, March 3 – GS Finance Corp. priced $3.73 million of 0% leveraged buffered index-linked notes due Nov. 29, 2021 tied to the MSCI EAFE index, 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 1.5 times any index gain, capped at par plus 18.25%.
Investors will receive par if the index finishes flat or falls by up to 17.5% and will lose 1.2121% for each 1% decline beyond 17.5%.
Goldman Sachs & Co. LLC is the underwriter.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Leveraged buffered index-linked notes
|
| Underlying index: | MSCI EAFE
|
| Amount: | $3,725,000
|
| Maturity: | Nov. 29, 2021
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.5 times any index gain, capped at par plus 18.25%; par if index finishes flat or falls by up to 17.5%; 1.2121% loss for each 1% decline beyond 17.5% buffer
|
| Initial level: | 1,908.58
|
| Pricing date: | Feb.26
|
| Settlement date: | Feb. 28
|
| Agent: | Goldman Sachs & Co. LLC
|
| Fees: | 0.15%
|
| Cusip: | 40056YN91
|
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