By Wendy Van Sickle
Columbus, Ohio, Aug. 6 – GS Finance Corp. priced $9,491,385 of notes in a reopening of its 0% notes due Aug. 9, 2021 linked to the Bloomberg Commodity index, according to a 424B2 filing with the Securities and Exchange Commission.
The reopened notes priced at 105.35.
The company priced an original $25 million of the notes at par on July 1.
The notes are guaranteed by Goldman Sachs Group, Inc.
The payout at maturity will be par plus any index gain. Investors will be fully exposed to any index decline.
Goldman Sachs & Co. LLC is the underwriter.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Notes
|
| Underlying index: | Bloomberg Commodity index
|
| Amount: | $9,491,385
|
| Previous issue: | $25 million issued on July 1
|
| Total issue: | $34,491,385
|
| Maturity: | Aug. 9, 2021
|
| Coupon: | 0%
|
| Price: | Par for original issue and 105.35 for add-on
|
| Payout at maturity: | Par plus any index gain; full exposure to losses
|
| Initial level: | 65.1837
|
| Pricing dates: | July 1 for original issue and July 31 for add-on
|
| Settlement dates: July 9 for original issue and Aug. 7 for add-on
|
| Agent: | Goldman Sachs & Co. LLC
|
| Fees: | 0.1%
|
| Cusip: | 40057CFG1
|
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