By Sarah Lizee
Olympia, Wash., Feb. 11 – GS Finance Corp. priced $1.5 million of 0% leveraged buffered index-linked notes due Jan. 31, 2025 tied to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.
The payout at maturity will be par plus 1.15 times any index gain.
Investors will receive par if the index finishes flat or falls by up to 20% and will lose 1% for each 1% decline beyond 20%.
The notes are guaranteed by Goldman Sachs Group, Inc.
Goldman Sachs & Co. LLC is the underwriter.
| 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
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| Amount: | $1,497,000
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| Maturity: | Jan. 31, 2025
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 1.15 times any index gain; par if index finishes flat or falls by up to buffer level; 1% loss for each 1% decline beyond buffer
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| Initial level: | 2,009.44
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| Buffer level: | 80% of initial level
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| Pricing date: | Jan. 28
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| Settlement date: | Jan. 31
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| Agent: | Goldman Sachs & Co. LLC
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| Fees: | 4.36%
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| Cusip: | 40056XXW1
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