By William Gullotti
Buffalo, N.Y., Nov. 9 – GS Finance Corp. priced $3.26 million of 0% market-linked notes due Oct. 29, 2027 linked to the Russell 2000 index, according to a 424B2 with the Securities and Exchange Commission.
The securities are guaranteed by Goldman Sachs Group, Inc.
If the final index level is greater than the initial index level, the payout at maturity will be par plus 1.1 times the index gain, subject to a maximum payout of par plus 72.55%.
If the index finishes flat or declines, investors will receive par.
Goldman Sachs & Co. LLC is the agent with UBS Financial Services Inc. acting as selling agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Market-linked notes
|
| Underlying index: | Russell 2000 index
|
| Amount: | $3,259,000
|
| Maturity: | Oct. 29, 2027
|
| Coupon: | 0%
|
| Price: | Par of $10
|
| Payout at maturity: | Par plus 1.1 times any index gain capped at 72.55%; par if index finishes flat or falls
|
| Initial index level: | 1,804.331
|
| Pricing date: | Oct. 26
|
| Settlement date: | Oct. 31
|
| Agent: | Goldman Sachs & Co. LLC
|
| Selling agent: | UBS Financial Services Inc.
|
| Fees: | 3.5%
|
| Cusip: | 40057NQ34
|
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