By Sarah Lizee
Olympia, Wash., Feb. 3 – GS Finance Corp. priced $1.6 million of 0% index-linked notes due Jan. 30, 2025 tied to the Euro Stoxx 50 index and the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If each index finishes at or above its initial level, the payout will be par plus 2.3 times the return of the lesser performing index.
If either index falls by up to 50%, the payout will be par.
If the lesser performing index falls by more than 50%, investors will lose 1% for every 1% decline of that index.
Goldman Sachs & Co. LLC is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
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| Issue: | Index-linked notes
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| Underlying indexes: | Euro Stoxx 50 index and MSCI EAFE index
|
| Amount: | $1.6 million
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| Maturity: | Jan. 30, 2025
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| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | If each index finishes at or above its initial level, par plus 2.3 times the return of the lesser performing index; if either index falls by up to 50%, par; if the lesser performing index falls by more than 50%, 1% loss for every 1% decline of that index
|
| Initial levels: | 3,677.84 for Stoxx, 2,007.14 for EAFE
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| Barrier levels: | 50% of initial levels
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| Pricing date: | Jan. 27
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| Settlement date: | Jan. 30
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| Agent: | Goldman Sachs & Co. LLC
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| Fees: | 3.6%
|
| Cusip: | 40056YDC5
|
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