By William Gullotti
Buffalo, N.Y., March 8 – GS Finance Corp. priced $5 million of 0% leveraged index-linked notes due March 4, 2027 tied to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index return is positive, the payout at maturity will be par plus 2.77 times the index return.
Investors will be fully exposed to any index decline.
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: | Euro Stoxx 50 index
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Amount: | $5 million
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Maturity: | March 4, 2027
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If the index return is positive, par plus 2.77 times the index return; investors will be exposed to any index decline
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Initial index level: | 3,924.23
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Pricing date: | Feb. 28
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Settlement date: | March 3
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Underwriter: | Goldman Sachs & Co. LLC
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Fees: | None
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Cusip: | 40057LDU2
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