By Marisa Wong
Morgantown, W.Va., Feb. 9 – GS Finance Corp. priced $3.74 million of 0% leveraged notes due Feb. 12, 2019 linked to the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If the index return is positive, the payout at maturity will be par plus double the index gain, with the return capped at 17%. Investors will be fully exposed to any index decline.
The initial index level will be the lowest closing level of the index during the observation period from Feb. 7 through May 8.
Goldman Sachs & Co. is the agent.
| Issuer: | GS Finance Corp.
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| Guarantor: | Goldman Sachs Group, Inc.
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| Issue: | Leveraged notes
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| Underlying index: | S&P 500
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| Amount: | $3,735,000
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| Maturity: | Feb. 12, 2019
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index return is positive, par plus double the index gain, with the return capped at 17%; full exposure to any index decline
|
| Initial level: | Lowest closing level of the index during the observation period from Feb. 7 through May 8
|
| Pricing date: | Feb. 7
|
| Settlement date: | Feb. 14
|
| Agent: | Goldman Sachs & Co.
|
| Fees: | 1.45%
|
| Cusip: | 40054KWD4
|
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