By Wendy Van Sickle
Columbus, Ohio, Feb. 4 – GS Finance Corp. priced $1.54 million of 0% index-linked notes due Jan. 31, 2031 tied to the Russell 2000 index and the S&P 500 index, according to a 424B2 filing with the Securities and Exchange Commission.
If each index finishes above its initial level, the payout will be par plus 1.452 times the return of the lesser-performing index.
If either index falls by up to 40%, the payout will be par. Otherwise, investors will lose 1% for every 1% decline of the lesser-performing index.
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: | Index-linked notes
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| Underlying indexes: | Russell 2000 and S&P 500
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| Amount: | $1.54 million
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| Maturity: | Jan. 31, 2031
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| Coupon: | 0%
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| Price: | Par
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| Payout at maturity: | Par plus 1.452 times gain of lesser-performing index; if either index falls by up to 40%, par; otherwise, 1% loss for every 1% decline of lesser-performing index
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| Initial index levels: | 3,787.38 for S&P and 2,106.609 for Russell
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| Pricing date: | Jan. 28
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| Settlement date: | Feb. 2
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| Agent: | Goldman Sachs & Co. LLC
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| Fees: | 4.15%
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| Cusip: | 40057FDW1
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