By Marisa Wong
Los Angeles, Feb. 5 – GS Finance Corp. priced $38.35 million of 0% leveraged notes due May 11, 2022 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
If the index return is positive, the payout at maturity will be par plus 3 times the index gain, subject to a maximum settlement amount of $1,249.90 per $1,000 of notes.
Investors will be fully exposed to any index decline.
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 index-linked notes
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Underlying index: | Russell 2000 index
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Amount: | $38,354,000
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Maturity: | May 11, 2022
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Coupon: | 0%
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Price: | Par
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Payout at maturity: | Par plus 3 times any index gain, capped at par plus 24.99%; full exposure to losses
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Initial level: | 2,126.163
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Pricing date: | Feb. 1
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Settlement date: | Feb. 8
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Agent: | Goldman Sachs & Co. LLC
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Fees: | 1.04%
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Cusip: | 40057FAM6
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