By Wendy Van Sickle
Columbus, Ohio, June 11 – GS Finance Corp. priced $1.35 million 0% index-linked notes due June 5, 2025 tied to the Dow Jones industrial average and the Nasdaq-100 Technology Sector index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If worse-performing index gains or finishes flat, the payout will be par plus 1.52 times the return of the lesser performing index.
If any index falls by up to 15%, the payout will be par plus the absolute value of the worse-performing index return.
Investors will be exposed to the loss of the worse-performing index beyond 15%.
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: | Dow Jones industrial average and Nasdaq-100 Technology Sector
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| Amount: | $1.35 million
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| Maturity: | June 5, 2025
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If worse-performing index gains or finishes flat, par plus the return of the lesser performing index; if any index falls by up to 15%, par plus absolute value of laggard index return; exposure to the loss of the worse-performing index beyond 15%
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| Initial levels: | 25,475.02 for Dow, 5,610.489 for Nasdaq-100 Technology
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| Buffer levels: | 85% of initial levels
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| Pricing date: | June 1
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| Settlement date: | June 4
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| Agent: | Goldman Sachs & Co. LLC
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| Fees: | 1.27%
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| Cusip: | 40057C4E8
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