By Wendy Van Sickle
Columbus, Ohio, Nov. 14 – GS Finance Corp. priced $1 million of 0% index-linked notes due Nov. 10, 2022 tied to 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.
If the index closes above its initial level, the payout at maturity will be par plus the index return.
If the index falls by up to 30%, the payout will be par.
Otherwise, investors will receive 90% of par.
Goldman Sachs & Co. LLC is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
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| Issue: | Index-linked notes
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| Underlying index: | Euro Stoxx 50
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| Amount: | $1 million
|
| Maturity: | Nov. 10, 2022
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If the index closes above its initial level, par plus the index return; par if index falls by up to 30%; otherwise, 90% of par
|
| Initial index level: | 3,706.68
|
| Pricing date: | Nov. 7
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| Settlement date: | Nov. 13
|
| Agent: | Goldman Sachs & Co. LLC
|
| Fees: | 1.675%
|
| Cusip: | 40056XNT9
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