By Sarah Lizee
Olympia, Wash., June 12 – GS Finance Corp. priced $920,000 of 0% leveraged trigger notes due Dec. 11, 2019 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.
If the final index level is greater than or equal to 75% of the initial index level, the payout at maturity will be par plus the greater of 1.38 times the index return and zero.
If the final index level is less than 75% of the initial index level, investors will lose 1% for every 1% that the final index level is less than the initial index level.
Goldman Sachs & Co. LLC is the underwriter with JPMorgan as placement agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Leveraged trigger notes
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $920,000
|
| Maturity: | Dec. 11, 2019
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If final index level is greater than or equal to 75% of initial index level, par plus the greater of 1.38 times the index return and zero; if final index level is less than 75% of the initial index level, 1% loss for every 1% decline
|
| Initial index level: | 3,447.3
|
| Pricing date: | June 8
|
| Settlement date: | June 13
|
| Underwriter: | Goldman, Sachs & Co. LLC with JPMorgan as placement agent
|
| Fees: | 1.35%
|
| Cusip: | 40055QEN8
|
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