By Sarah Lizee
Olympia, Wash., June 18 – GS Finance Corp. priced $11.35 million of 0% trigger Performance Leveraged Upside Securities due June 17, 2021 linked to the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes will be guaranteed by Goldman Sachs Group, Inc.
The payout at maturity will be par of $10 plus 2.2 times any gain in the index.
Investors will receive par if the index falls by up to 40% and will lose 1% for each 1% decline from the initial level if the index finishes below the 60% trigger level.
Goldman Sachs & Co. is the agent. Morgan Stanley Wealth Management is the dealer.
| Issuer: | Goldman Sachs Group, Inc.
|
| Guarantor: | GS Finance Corp.
|
| Issue: | Trigger Performance Leveraged Upside Securities
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $11.35 million
|
| Maturity: | June 17, 2021
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 2.2 times any gain in the index; par if index falls by up to 40%; 1% loss for each 1% decline from initial level if index finishes below 60% trigger level
|
| Initial level: | 3,527.11
|
| Trigger level: | 2,116.266, 60% of initial level
|
| Pricing date: | June 14
|
| Settlement date: | June 19
|
| Agent: | Goldman Sachs & Co.
|
| Dealer: | Morgan Stanley Wealth Management
|
| Fees: | 0.955%
|
| Cusip: | 36254G861
|
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