Chicago, Sept. 14 – GS Finance Corp. priced $1.29 million of 0% buffered index-linked notes due Sept. 11, 2025 based on the performance of the S&P 500 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 any index gain, up to 16%.
If the index falls by up to 31.8%, the payout will be par plus the absolute value of the index return.
Otherwise, investors will lose 1% for every 1% decline beyond 31.8%.
Goldman Sachs & Co. LLC is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Buffered index-linked notes
|
| Underlying index: | S&P 500 index
|
| Amount: | $1,291,000
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| Maturity: | Sept. 11, 2025
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| Coupon: | 0%
|
| Price: | Par
|
| Payout at maturity: | Par plus any index gain, up to 16%; if index falls by up to 31.8%, par plus the absolute value of the index return; otherwise, 1% loss for every 1% decline beyond 31.8%
|
| Initial index level: | 4,457.49
|
| Buffer level: | 68.2% of initial level
|
| Pricing date: | Sept. 8
|
| Settlement date: | Sept. 13
|
| Agent: | Goldman Sachs & Co. LLC
|
| Fees: | 0.63%
|
| Cusip: | 40057W6F9
|
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