By Wendy Van Sickle
Columbus, Ohio, Aug. 13 – GS Finance Corp. priced $4.33 million of 0% leveraged buffered index-linked notes due Sept. 26, 2022 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.
If the index finishes above its initial level, the payout at maturity will be par plus 1.5 times the gain, up to a par plus 15.855% maximum settlement amount.
If the index finishes flat or falls by up to 15%, investors will receive par. Otherwise, investors will lose 1.1765% for every 1% decline 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: | Leveraged buffered index-linked notes
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Underlying index: | MSCI EAFE index
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Amount: | $4,334,000
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Maturity: | Sept. 26, 2022
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 1.5 times any index gain, up to par plus 15.855% maximum payout; par if index finishes flat or falls by up to 15%; otherwise, 1.1765% loss for every 1% decline beyond 15%
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Initial index level: | 1,820.21
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Pricing date: | July 31
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Settlement date: | Aug. 7
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Agent: | Goldman Sachs & Co. LLC
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Fees: | 1.675%
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Cusip: | 40057CGJ4
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