By Wendy Van Sickle
Columbus, Ohio, May 19 – GS Finance Corp. priced $1.73 million of 0% leveraged index-linked notes due June 21, 2024 tied to the MSCI Emerging Markets 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 times the index return, up to a maximum of par plus 17.25%.
Otherwise, investors will be fully exposed to the losses of the index.
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: | MSCI Emerging Markets
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| Amount: | $1,725,000
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| Maturity: | June 21, 2024
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index return is positive, par plus 2 times return, up to par plus 17.25%; otherwise, full exposure to losses
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| Initial index level: | Lowest of closing levels from May 16 through June 16
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| Pricing date: | May 16
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| Settlement date: | May 19
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| Underwriter: | Goldman Sachs & Co. LLC
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| Fees: | 1%
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| Cusip: | 40057RW79
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