By Wendy Van Sickle
Columbus, Ohio, March 28 – GS Finance Corp. priced $7.05 million of 0% digital index-linked notes due March 25, 2026 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If the final level of the index is greater than or equal to its initial level, the payout at maturity will be the greater of par plus the index return and par plus 58.35%.
Otherwise, investors will be fully exposed to losses.
Goldman Sachs & Co. LLC is the underwriter.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Digital index-linked notes
|
| Underlying index: | Euro Stoxx 50 index
|
| Amount: | $7,053,000
|
| Maturity: | March 25, 2026
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If the final index level is greater or equal to its initial level, the greater of par plus the index return and par plus 58.35%; full exposure to loss
|
| Initial index level: | 3,926.12
|
| Pricing date: | March 22
|
| Settlement date: | March 29
|
| Underwriter: | Goldman Sachs & Co. LLC
|
| Fees: | 2.6%
|
| Cusip: | 40057LAF8
|
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