By Wendy Van Sickle
Columbus, Ohio, Jan. 6 – GS Finance Corp. priced $2.78 million of 0% underlier-linked notes due Jan. 4, 2027 linked to the Euro Stoxx 50 index and the iShares MSCI EAFE ETF, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If each underlier finishes at or above its initial value, the payout at maturity will be par plus 1.75 times the return of the lesser-performing underlier.
If either underlier falls but neither falls by more than 40%, the payout will be par.
Otherwise, investors will lose 1% for each 1% that the lesser-performing underlier declines from its initial value.
Goldman Sachs & Co. LLC is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
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| Issue: | Underlier-linked notes
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| Underlying assets: | Euro Stoxx 50 index, iShares MSCI EAFE ETF
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| Amount: | $2.78 million
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| Maturity: | Jan. 4, 2027
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| Coupon: | 0%
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| Price: | Par
|
| Payout at maturity: | Par plus 1.75 times any gain in lesser-performing underlier; par if either underlier falls but neither falls by more than 40%; 1% loss for every 1% decline in lesser-performing underlier from initial value
|
| Initial values: | $79.12 for ETF, 4,284.83 for index
|
| Barrier level: | 60% of initial levels
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| Pricing date: | Dec. 29
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| Settlement date: | Dec. 31
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| Agent: | Goldman Sachs & Co. LLC
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| Fees: | 4.05%
|
| Cusip: | 40057JWY8
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