By Wendy Van Sickle
Columbus, Ohio, March 24 – GS Finance Corp. priced $3.15 million of 0% notes due March 28, 2022 linked to the GS Momentum Builder Multi-Asset 5 ER 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 at least 105% of its initial level, the payout at maturity will be par plus 2.5 times the index gain. Otherwise, the payout will be par.
Goldman Sachs & Co. is the agent.
Issuer: | GS Finance Corp.
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Guarantor: | Goldman Sachs Group, Inc.
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Issue: | Notes
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Underlying index: | GS Momentum Builder Multi-Asset 5 ER index
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Amount: | $3.15 million
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Maturity: | March 28, 2022
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 2.5 times index gain if final index level is at least 105% of initial level; otherwise, par
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Initial index level: | 99.33
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Pricing date: | March 22
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Settlement date: | March 27
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Agent: | Goldman Sachs & Co.
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Fees: | 0.6%
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Cusip: | 40054L2S2
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