By Kiku Steinfeld
Chicago, March 25 – GS Finance Corp. priced $833,000 of 0% leveraged index-linked notes due May 4, 2022 tied to the S&P 500 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 three times any index gain, up to a maximum settlement amount of $1,113.10 per $1,000 note.
Otherwise, investors will be fully exposed to the decline of the index.
The initial index level will be the lowest of the closing levels of the index from and including the pricing date to and including April 16.
Goldman Sachs & Co. LLC is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Leveraged index-linked notes
|
| Underlying index: | S&P 500 index
|
| Amount: | $833,000
|
| Maturity: | May 4, 2022
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus three times any index gain, up to a maximum settlement amount of $1,113.10 per $1,000 note; full exposure to losses if index finishes below initial level
|
| Initial index level: | Lowest of closing levels from pricing date through April 16
|
| Pricing date: | March 16
|
| Settlement date: | March 23
|
| Agent: | Goldman Sachs & Co. LLC
|
| Fees: | 0.92%
|
| Cusip: | 40057FMC5
|
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