By Taylor Fox
New York, Dec. 30 – GS Finance Corp. priced $2.49 million of 0% buffered index-linked notes due Dec. 21, 2026 based on the performance of the MSCI Emerging Markets index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
The payout at maturity will be par plus any index gain, up to the maximum settlement amount of $1,525 per each $1,000 principal amount of notes.
Investors will receive par if the index falls by up to 20% and will lose 1% for every 1% decline beyond 20%.
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: | Buffered index-linked notes
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Underlying index: | MSCI Emerging Markets index
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Amount: | $2,487,000
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Maturity: | Dec. 21, 2026
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus any index gain, capped at par plus 52.5%; par if index falls up to 20%; 1% loss for every 1% decline beyond 20%
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Initial level: | 1,263.82
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Buffer level: | 80% of initial level
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Pricing date: | Dec. 16
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Settlement date: | Dec. 21
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Agent: | Goldman, Sachs & Co. LLC
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Fees: | 3.375%
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Cusip: | 40057EU62
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