Chicago, May 5 – GS Finance Corp. priced $1.3 million of 0% index-linked notes due April 30, 2024 linked to the performance of the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
The payout at maturity will be par plus 9.5% if during the life of the notes the index never closes above 115% of its initial level or below 75% of its initial level.
Otherwise, investors will receive par.
Goldman Sachs & Co. LLC is the agent. JPMorgan is the placement agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Index-linked notes
|
| Underlying index: | S&P 500 index
|
| Amount: | $1,295,000
|
| Maturity: | April 30, 2024
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 9.5% if during life of notes index never closes above 115% of initial level or below 75% of initial level; otherwise, par
|
| Initial level: | 4,154.87
|
| Pricing date: | April 25
|
| Settlement date: | April 28
|
| Agent: | Goldman Sachs & Co. LLC
|
| Placement agent: | JPMorgan
|
| Fees: | 1%
|
| Cusip: | 40057RK98
|
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