By Wendy Van Sickle
Columbus, Ohio, Feb. 26 – GS Finance Corp. priced $187,000 of 0% digital index-linked notes due March 1, 2022 tied to the Nasdaq-100 Technology Sector 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 greater than or equal to its initial level, the payout at maturity will be par plus 20%.
If the index falls by up to 20%, the payout will be par.
If the index return is below negative 20%, investors will lose 1% for every 1% decline of the index from its initial level.
Goldman Sachs & Co. LLC is the underwriter.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
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| Issue: | Digital index-linked notes
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| Underlying index: | Nasdaq-100 Technology Sector
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| Amount: | $187,000
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| Maturity: | March 1, 2022
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| Coupon: | 0%
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| Price: | Par
|
| Payout at maturity: | If index return is greater than or equal to initial level, par plus 20%; if index falls by up to 20%, par; otherwise, full exposure to loss
|
| Initial level: | 5,723.172
|
| Pricing date: | Feb. 21
|
| Settlement date: | Feb. 28
|
| Underwriter: | Goldman, Sachs & Co. LLC
|
| Fees: | 0.175%
|
| Cusip: | 40056YH49
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