Chicago, March 18 – GS Finance Corp. priced $1.71 million of 0% digital index-linked notes due March 6, 2029 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
Investors will receive par plus 60.25% if the index finishes positive.
Investors will receive par if the index declines but ends above the 70% barrier level.
Otherwise, investors will lose 1% for every 1% that the index declines from its initial level.
Goldman Sachs & Co. LLC is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Digital index-linked notes
|
| Underlying index: | Euro Stoxx 50 index
|
| Amount: | $1,711,000
|
| Maturity: | March 6, 2029
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 60.25% if index finishes positive; par if index declines but not beyond barrier; otherwise, 1% loss for every 1% of index decline from initial level
|
| Initial index level: | 4,894.86
|
| Barrier level: | 70% of initial level
|
| Pricing date: | March 1
|
| Settlement date: | March 6
|
| Agent: | Goldman Sachs & Co. LLC
|
| Fees: | 3%
|
| Cusip: | 40057YEX7
|
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