By Wendy Van Sickle
Columbus, Ohio,Oct. 1 – GS Finance Corp. priced $15.32 million of 0% leveraged index-linked notes due Sept. 24, 2026 tied to the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the lesser-performing index return is positive, the payout at maturity will be par plus 1.03 times the lesser-performing index return.
Investors will receive par if lesser-performing index falls by up to 20% and will lose 1% for every 1% decline of the lesser-performing index beyond 20%.
The notes are guaranteed by Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC is the underwriter.
| Issuer: | GS Finance Corp.
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| Issue: | Leveraged index-linked notes
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| Underlying index: | S&P 500 index and Russell 2000 index
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| Amount: | $15.32 million
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| Maturity: | Sept. 24, 2026
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If lesser-performing index return is positive, par plus 1.03 times lesser-performing index return; investors will receive par if lesser-performing index falls by up to 20% and will lose 1% for every 1% index decline of lesser-performing index beyond 20%
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| Initial index level: | 4,354.19 for S&P, 2,186.183 for Russell
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| Pricing date: | Sept. 21
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| Settlement date: | Sept. 24
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| Underwriter: | Goldman Sachs & Co. LLC
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| Fees: | 0.25%
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| Cusip: | 40057JHF6
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