New York, Oct. 9 – GS Finance Corp. priced $75,000 of 0% leveraged buffered index-linked notes due Oct. 2, 2026 linked to the S&P 500 Futures Excess Return index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index gains, the payout at maturity will be par plus 130% of the return of the index. The payout will be par plus the absolute value of the index return if the index declines but by no more than the 20% buffer. Investors will lose 1% for every 1% that the index declines beyond the buffer.
The notes are guaranteed by Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC is the agent.
| Issuer: | GS Finance Corp.
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| Guarantor: | Goldman Sachs Group, Inc.
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| Issue: | Leveraged buffered index-linked notes
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| Underlying index: | S&P 500 Futures Excess Return index
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| Amount: | $75,000
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| Maturity: | Oct. 2, 2026
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index gains, par plus 130% of index return; par plus absolute value of index return if index declines but by no more than 20% buffer; otherwise par minus loss of index decline beyond buffer
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| Initial level: | 383.94
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| Upside leverage: | 130%
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| Cap: | None
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| Buffer: | 20%
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| Pricing date: | Sept. 29
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| Settlement date: | Oct. 4
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| Agent: | Goldman Sachs & Co. LLC
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| Fees: | 1%
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| Cusip: | 40057W2L0
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