By Sarah Lizee
Olympia, Wash., June 18 – GS Finance Corp. amended the upside participation rate for its $2.07 million of 0% notes due May 8, 2025 linked to the GS Momentum Builder Multi-Asset 5S ER index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 4.25 times any index gain. The upside participation rate was previously set at 4.15.
If the index falls, the payout will be par.
The notes are guaranteed by Goldman Sachs Group, Inc.
Goldman Sachs & Co. is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Notes
|
| Underlying index: | GS Momentum Builder Multi-Asset 5S ER index
|
| Amount: | $2.07 million
|
| Maturity: | May 8, 2025
|
| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 4.25 times any index gain; otherwise, par
|
| Initial index level: | 105.25
|
| Pricing date: | May 4
|
| Settlement date: | May 9
|
| Agent: | Goldman Sachs & Co.
|
| Fees: | 0.375%
|
| Cusip: | 40055AZ67
|
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