By Kiku Steinfeld
Chicago, Dec. 21 – GS Finance Corp. priced $2.1 million of 0% digital index-linked notes due Jan 24, 2022 linked 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 closes at or above its initial level, the payout at maturity will be the greater of par plus the index return and the threshold settlement amount of $1,403.50 per $1,000 note.
If the index declines by up to 7.5% the payout will be par.
Otherwise, investors will lose 1.0811% for every 1% that the index declines beyond 7.5%
Goldman Sachs & Co. LLC is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
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| Issue: | Digital index-linked notes
|
| Underlying index: | MSCI EAFE index
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| Amount: | $2.1 million
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| Maturity: | Jan. 24, 2022
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index closes at or above initial level, greater of par plus the index return and $1,403.50 per $1,000 note; if index declines by up to 7.5%, par; otherwise, 1.0811% loss for every 1% that the index declines beyond buffer
|
| Initial index level: | 2,074.08
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| Buffer level: | 92.5% of initial level
|
| Pricing date: | Dec. 1
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| Settlement date: | Dec. 8
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| Agent: | Goldman Sachs & Co. LLC
|
| Fees: | 0.83%
|
| Cusip: | 40056FUH6
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