By Kiku Steinfeld
Chicago, Oct. 2 – GS Finance Corp. priced $1.02 million of 0% leveraged index-linked notes due Oct. 1, 2020 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.
The payout at maturity will be par plus 4 times any index gain, up to a maximum settlement amount of par plus 12%.
If the index finishes at or below its initial level, investors will receive par plus the return of the index with full exposure to the decline.
Goldman Sachs & Co. LLC is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Leveraged index-linked notes
|
| Underlying index: | S&P 500 index
|
| Amount: | $1,016,000
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| Maturity: | Oct. 1, 2020
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 4 times any index gain up to par plus 12%; if index finishes flat or falls, par plus the return of the index with full exposure to the decline
|
| Initial index level: | 2,878.38
|
| Pricing date: | Aug. 26
|
| Settlement date: | Aug. 29
|
| Agent: | Goldman Sachs & Co. LLC
|
| Fees: | 2.03%
|
| Cusip: | 40056X5H5
|
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