By Wendy Van Sickle
Columbus, Ohio, April 21 – GS Finance Corp. priced $10.74 million of 0% index-linked notes due April 22, 2026 linked to the Euro Stoxx 50 index and the Stoxx Europe 600 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 value, the payout at maturity will be par plus 241.7% of the return of the lesser-performing index.
Investors will receive par if the worst performing index falls by up to 30% and will be exposed to any decline in the worst-performing index otherwise.
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 index and Stoxx Europe 600 index
|
| Amount: | $10,739,000
|
| Maturity: | April 22, 2026
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 241.7% of any gain in lesser-performing index; par if worst performing index falls by up to 30%; otherwise, 1% loss for every 1% decline in lesser-performing index
|
| Initial values: | 438.55 for Stoxx Europe 600 and 3,993.43 for Euro Stoxx 50
|
| Pricing date: | April 15
|
| Settlement date: | April 22
|
| Underwriter: | Goldman Sachs & Co. LLC
|
| Fees: | 3%
|
| Cusip: | 40057FYU2
|
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