By Wendy Van Sickle
Columbus, Ohio, Feb. 13 – GS Finance Corp. priced $3.31 million of 0% leveraged buffered index-linked notes due Dec. 11, 2025 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
If the index gains the payout at maturity will be par plus 150% of the return of the index subject to a maximum return of par plus 30.75%. The payout will be par if the index declines but by no more than the 20% buffer. Investors will lose 1.25% for every 1% that the index declines beyond the buffer.
The notes are guaranteed by Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC is the agent.
| Issuer: | GS Finance Corp.
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| Guarantor: | Goldman Sachs Group, Inc.
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| Issue: | Leveraged buffered index-linked notes
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| Underlying index: | MSCI EAFE index
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| Amount: | $3.31 million
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| Maturity: | Dec. 11, 2025
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | If index gains par plus 150% of index return subject to a maximum return of par plus 30.75%; par if index declines but by no more than 20% buffer; otherwise, 10se 1.25% for each 1% decline beyond 20% buffer
|
| Initial level: | 2,222.57
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| Buffer level: | 80% of initial level
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| Upside leverage: | 150%
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| Cap: | 30.75%
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| Pricing date: | Feb. 8
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| Settlement date: | Feb. 13
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| Agent: | Goldman Sachs & Co. LLC
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| Fees: | 0%
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| Cusip: | 40057YCT8
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