By Sarah Lizee
Olympia, Wash., Dec. 28 – GS Finance Corp. priced $508,000 of 0% leveraged buffered notes due June 29, 2022 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.
The payout at maturity will be par plus 2.56 times any index gain.
Investors will receive par if the index falls by 20% or less and will lose 1% for every 1% decline in the index beyond 20%.
Goldman Sachs & Co. is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Leveraged buffered notes
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $508,000
|
| Maturity: | June 29, 2022
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index return is positive, par plus 2.56 times the gain; par if index falls by up to 20%; 1% loss for every 1% decline in index beyond 20%
|
| Initial index level: | 2,973.78
|
| Pricing date: | Dec. 24
|
| Settlement date: | Dec. 31
|
| Agents: | Goldman Sachs & Co.
|
| Fees: | 2.75%
|
| Cusip: | 40056EL30
|
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