By Wendy Van Sickle
Columbus, Ohio, Dec. 10 – GS Finance Corp. priced $5.64 million of 0% buffered Performance Leveraged Upside Securities due June 3, 2021 linked to the Topix 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, subject to the maximum payment at maturity of $15.06 per PLUS.
Investors will receive par if the index declines by up to 10% and will lose 1% for each 1% decline in the index beyond 10%.
Goldman Sachs & Co. is the agent, with Morgan Stanley Wealth Management acting as dealer.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Buffered Performance Leveraged Upside Securities
|
| Underlying index: | Topix
|
| Amount: | $5,639,700
|
| Maturity: | June 3, 2021
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | If the index return is positive, par plus 200% of the index return, subject to the maximum payment at maturity of $15.06 per PLUS; par if the index declines by up to 10%; 1% loss for each 1% decline beyond 10%
|
| Initial index level: | 1,667.45
|
| Pricing date: | Nov. 30
|
| Settlement date: | Dec. 5
|
| Underwriter: | Goldman Sachs & Co.
|
| Dealer: | Morgan Stanley Wealth Management
|
| Fees: | 3.175%
|
| Cusip: | 36256M528
|
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