By Wendy Van Sickle
Columbus, Ohio, Dec. 10 – GS Finance Corp. priced $2.96 million of 0% index-linked notes due Dec. 3, 2024 tied 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.
If the index closes above its initial level, the payout at maturity will be par plus 1.415 times the index return.
Investors will be exposed to the first 5% of any index decline.
Goldman Sachs & Co. LLC is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Index-linked notes
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $2,955,000
|
| Maturity: | Dec. 3, 2024
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If the index closes above its initial level, par plus 1.415 times index return; exposure to first 5% of any decline
|
| Initial index level: | 3,712.85
|
| Pricing date: | Nov. 27
|
| Settlement date: | Dec. 3
|
| Agent: | Goldman Sachs & Co. LLC
|
| Fees: | 3.35%
|
| Cusip: | 40056XTK2
|
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