By Taylor Fox
Chicago, July 29 – GS Finance Corp. priced $2.13 million of 0% leveraged index-linked notes due July 31, 2026 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If the index finishes above its initial level, the payout at maturity will be par plus 1.3 times the gain.
If the index finishes flat or falls by up to 30%, investors will receive par plus the absolute value of the index return.
Otherwise, investors will lose 1% for every 1% index decline below the initial level.
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: | Leveraged index-linked notes
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| Underlying index: | Euro Stoxx 50
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| Amount: | $2.13 million
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| Maturity: | July 31, 2026
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 1.3 times any index gain; if the index finishes flat or falls by up to 30%, par plus absolute value of index return; otherwise, full exposure to index decline below initial level
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| Initial index level: | 3,310.89
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| Pricing date: | July 24
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| Settlement date: | July 29
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| Agent: | Goldman Sachs & Co. LLC
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| Fees: | 3.625%
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| Cusip: | 40057CFK2
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