By Sarah Lizee
Olympia, Wash., Nov. 14 – GS Finance Corp. priced $5 million of 0% market-linked notes due Nov. 14, 2023 tied 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 of $10 plus 200% of the index return, capped at $13.801 per $10 note.
Otherwise, the payout will be par.
Goldman Sachs & Co. is the underwriter with Morgan Stanley Wealth Management as dealer.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Market-linked notes
|
| Underlying index: | S&P 500
|
| Amount: | $5 million
|
| Maturity: | Nov. 14, 2023
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | If index return is positive, par plus 200% of index return, capped at $13.801 per $10 note; otherwise, par
|
| Initial index level: | 2,781.01
|
| Pricing date: | Nov. 9
|
| Settlement date: | Nov. 15
|
| Underwriter: | Goldman Sachs & Co.
|
| Dealer: | Morgan Stanley Wealth Management
|
| Fees: | 1.55%
|
| Cusip: | 36256M569
|
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