By Wendy Van Sickle
Columbus, Ohio, April 29 – GS Finance Corp. priced $28.5 million of 0% index-linked notes due May 1, 2025 tied to the Nasdaq-100 Technology Sector index and the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If each index finishes at or above its initial level, the payout will be par plus the greater of 1.178 times the return of the lesser performing index and 25%.
Investors will be exposed to any losses of the worst-performing index.
Goldman Sachs & Co. LLC is the agent.
| Issuer: | GS Finance Corp.
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| Guarantor: | Goldman Sachs Group, Inc.
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| Issue: | Index-linked notes
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| Underlying indexes: | Nasdaq-100 Technology Sector index and Nasdaq-100 index
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| Amount: | $28.5 million
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| Maturity: | May 1, 2025
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| Coupon: | 0%
|
| Price: | Par
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| Payout at maturity: | If each index finishes at or above its initial level, par plus greater of 1.178 times the return of the lesser performing index and 25%; exposure to any losses of the worst-performing index
|
| Initial levels: | 5,198.8 for Nasdaq-100 Technology Sector, 8,837.657 for Nasdaq-100
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| Pricing date: | April 27
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| Settlement date: | April 30
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| Agent: | Goldman Sachs & Co. LLC
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| Fees: | 4.1%
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| Cusip: | 40057E4J3
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