Chicago, Jan. 29 – GS Finance Corp. priced $1.4 million of 0% leveraged buffered index-linked notes due Jan. 22, 2027 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 193% of the return of the index. The payout will be par if the index declines but by no more than the 7.5% 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.
|
| Guarantor: | Goldman Sachs Group, Inc.
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| Issue: | Leveraged buffered index-linked notes
|
| Underlying index: | S&P 500 Futures Excess Return index
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| Amount: | $1.4 million
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| Maturity: | Jan. 22, 2027
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index gains par plus 193% of index return; par if index declines but by no more than 7.5% buffer; otherwise, par 1% loss for each 1% decline beyond buffer
|
| Initial level: | 422.22
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| Buffer level: | 92.5% of initial level
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| Upside leverage: | 193%
|
| Cap: | None
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| Buffer: | 7.5%
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| Downside leverage: | 100%
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| Pricing date: | Jan. 19
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| Settlement date: | Jan. 24
|
| Agent: | Goldman Sachs & Co. LLC
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| Fees: | 0%
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| Cusip: | 40057XYF6
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