By Wendy Van Sickle
Columbus, Ohio, April 3 – GS Finance Corp. priced $2.89 million of 0% notes due Oct. 1, 2025 linked to the GS Momentum Builder Multi-Asset 5S 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 positive, the payout at maturity will be par plus 1.675 times the index return.
If the index return is flat or negative, the payout will be par.
Goldman Sachs & Co. LLC is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Notes
|
| Underlying index: | GS Momentum Builder Multi-Asset 5 ER index
|
| Amount: | $2,894,000
|
| Maturity: | Oct. 1, 2025
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| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 1.675 times the index return, if the index return is positive; otherwise par if index finishes flat or negative
|
| Initial index level: | 105.46
|
| Pricing date: | March 26
|
| Settlement date: | March 31
|
| Agent: | Goldman Sachs & Co. LLC
|
| Fees: | 4.18%
|
| Cusip: | 40056YNK6
|
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