By Wendy Van Sickle
Columbus, Ohio, Jan. 2 – GS Finance Corp. priced $5.26 million of 0% buffered digital index-linked notes due Dec. 29, 2022 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 return is greater than or equal to its initial level, the payout at maturity will be par plus 37.21%.
If the index falls by up to 10%, the payout will be par.
Investors will lose 1.1111% for each 1% index decline beyond 10%.
Goldman Sachs & Co. LLC is the underwriter.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Buffered digital index-linked notes
|
| Underlying index: | Euro Stoxx 50
|
| Amount: | $5,257,000
|
| Maturity: | Dec. 29, 2022
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If index return is greater than or equal to initial level, par plus 37.21%; if index falls by up to 10%, par; 1.1111% loss for every 1% index decline beyond 10%
|
| Initial index level: | 3,774.39
|
| Pricing date: | Dec. 24
|
| Settlement date: | Jan. 2
|
| Underwriter: | Goldman, Sachs & Co. LLC
|
| Fees: | 2.125%
|
| Cusip: | 40056XVM5
|
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