By William Gullotti
Buffalo, N.Y., July 6 – GS Finance Corp. priced $10.59 million of 0% market-linked securities – upside participation to a cap and principal return at maturity due April 6, 2026 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index finishes at or above its initial level, the payout at maturity will be par plus the return, subject to a maximum payout of par plus 19.75%.
Otherwise, investors will receive par
The securities are guaranteed by Goldman Sachs Group, Inc.
Wells Fargo Securities LLC and Goldman Sachs & Co. LLC are the agents.
| Issuer: | GS Finance Corp.
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| Guarantor: | Goldman Sachs Group, Inc.
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| Issue: | Market-linked securities – upside participation to a cap and principal return at maturity
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| Underlying index: | S&P 500 index
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| Amount: | $10.59 million
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| Maturity: | April 6, 2026
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If the index finishes at or above initial level, par plus the return capped at 19.75%; otherwise, par
|
| Initial levels: | 4,396.44
|
| Pricing date: | June 29
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| Settlement date: | July 5
|
| Agent: | Wells Fargo Securities LLC and Goldman Sachs & Co. LLC
|
| Fees: | 3.3%
|
| Cusip: | 40057T2Q6
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