By Wendy Van Sickle
Columbus, Ohio, April 3 – GS Finance Corp. priced $3.89 million of 0% leveraged index-linked notes due Sept. 29, 2025 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 3 times the index return, up to par plus 58.75%.
Otherwise, investors will be fully exposed to the decline of the index from its initial level.
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: | $3.89 million
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Maturity: | Sept. 29, 2025
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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 3 times the index return, up to par plus 58.75%; full exposure to loss
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Initial index level: | 4,130.62
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Pricing date: | March 24
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Settlement date: | March 29
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Underwriter: | Goldman Sachs & Co. LLC
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Fees: | 0.25%
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Cusip: | 40057RA65
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