Chicago, Aug. 11 – GS Finance Corp. priced $4.16 million of 0% leveraged buffered index-linked notes due July 31, 2025 tied to the Nasdaq-100 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If the index return is positive, investors will receive par plus two times the index gain, capped at par plus 27.16%.
If the index return is flat or falls by up to 15%, investors will receive par.
Otherwise, investors will lose 1.1765% for every 1% decline beyond 15%.
Goldman Sachs & Co. LLC is the agent. JPMorgan is the placement agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Leveraged buffered index-linked notes
|
| Underlying index: | Nasdaq-100 index
|
| Amount: | $4,164,000
|
| Maturity: | July 31, 2025
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus two times the index gain, capped at par plus 27.16%; if index return is flat or falls by up to 15%, par; 1.1765% loss for every 1% decline beyond 15% buffer
|
| Initial index level: | 15,499.26
|
| Buffer level: | 85% of initial level
|
| Pricing date: | July 26
|
| Settlement date: | July 31
|
| Agent: | Goldman Sachs & Co. LLC
|
| Placement agent: | JPMorgan
|
| Fees: | 1.5%
|
| Cusip: | 40057TGV0
|
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