By Wendy Van Sickle
Columbus, Ohio, Oct. 31 – GS Finance Corp. priced $15 million of 0% leveraged index-linked notes due Oct. 30, 2030 tied to the Nasdaq-100 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 115% of the index return.
Otherwise, investors will have full exposure to the index loss.
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: | Nasdaq-100 index
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Amount: | $15 million
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Maturity: | Oct. 30, 2030
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | If the index return is positive, par plus 115% of the index return; otherwise, full exposure to loss
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Initial index level: | 14,381.64
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Pricing date: | Oct. 25
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Settlement date: | Oct. 30
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Underwriter: | Goldman Sachs & Co. LLC
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Fees: | 3.75%
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Cusip: | 40057WT72
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