By William Gullotti
Buffalo, N.Y., Aug. 12 – GS Finance Corp. priced $3.58 million of 0% market-linked notes due May 18, 2028 linked to the S&P 500 Daily Risk Control 5% USD Excess Return index, according to a 424B2 with the Securities and Exchange Commission.
The securities are guaranteed by Goldman Sachs Group, Inc.
If the final index level is greater than the initial index level, the payout at maturity will be par plus 1.2 times the index gain. If the index finishes flat or declines, investors will receive par.
Goldman Sachs & Co. LLC and UBS Financial Services Inc. are agents.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Market-linked notes
|
| Underlying index: | S&P 500 Daily Risk Control 5% USD Excess Return index
|
| Amount: | $3,584,000
|
| Maturity: | May 18, 2028
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.2 times any index gain; par if index finishes flat or falls
|
| Initial index level: | 158.47
|
| Pricing date: | May 14
|
| Settlement date: | May 19
|
| Agents: | Goldman Sachs & Co. LLC and UBS Financial Services Inc.
|
| Fees: | 3.5%
|
| Cusip: | 40057HAL4
|
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