New Issue: GS Finance sells $1.52 million fixed-coupon equity-linked notes on Amazon

By Wendy Van Sickle

Columbus, Ohio, Feb. 2 – GS Finance Corp. priced $1.52 million of 10% fixed coupon equity-linked notes due Feb. 3, 2025 linked to the shares of Amazon.com, Inc., according to a 424B2 filing with the Securities and Exchange Commission.

Interest is payable monthly.

The payout at maturity will be par unless the stock finishes below its 72.8% trigger buffer level, in which case investors will lose 1% for every 1% decline of the stock from its initial level.

The notes are guaranteed by Goldman Sachs Group, Inc.

Goldman Sachs & Co. LLC and Citigroup Global Markets Inc. are the agent.

Issuer:	GS Finance Corp.
Guarantor:	Goldman Sachs Group, Inc.
Issue:	Fixed coupon equity-linked notes
Underlying stock:	Amazon.com, Inc.
Amount:	$1,517,000
Maturity:	Feb. 3, 2025
Coupon:	10% per year, payable monthly
Price:	Par
Payout at maturity:	Par unless the stock finishes below its trigger buffer level, in which case investors will lose 1% for every 1% decline from initial level
Initial level:	$161.26
Trigger buffer level:	72.8% of initial level
Pricing date:	Jan. 29
Settlement date:	Feb. 1
Agents:	Goldman Sachs & Co. LLC and Citigroup Global Markets Inc.
Fees:	1.25%
Cusip:	40057XYN9

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