By Devika Patel
Knoxville, Tenn., Dec. 28 – GS Finance Corp. sold $1.03 million of 0% notes due Dec. 8, 2022 linked to the least performing of the iShares MSCI Emerging Markets exchange-traded fund and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
The payout at maturity will be par plus 2.7 times any gain of the lesser performing underlying.
Investors will be exposed to up to 5% of any decline of the lesser performing underlying, with a minimum payout of 95% of par.
Goldman Sachs & Co. is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Notes
|
| Underlyings: | iShares MSCI Emerging Markets exchange-traded fund, Euro Stoxx 50 index
|
| Amount: | $1.03 million
|
| Maturity: | Dec. 8, 2022
|
| Contingent coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus 270% of any gain of lesser performing underlying; exposure to up to 5% of any decline of the lesser performing underlying, with a minimum payout of 95% of par
|
| Initial levels: | $41.91 for EM and 3,214.99 for Stoxx
|
| Pricing date: | Dec. 3
|
| Settlement date: | Dec. 6
|
| Agents: | Goldman Sachs & Co.
|
| Fees: | 1%
|
| Cusip: | 40056EJS8
|
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