By Marisa Wong
Morgantown, W.Va., April 26 – GS Finance Corp. priced $4.18 million of 5.1204% fixed coupon underlier-linked notes linked to the Russell 2000 index and the iShares MSCI EAFE exchange-traded fund, according to a 424B2 filing with the Securities and Exchange Commission.
The notes are guaranteed by Goldman Sachs Group, Inc.
The notes will pay a fixed monthly coupon of $4.267 for each $1,000 principal amount.
If the return of each underlier is greater than or equal to negative 20%, the payout at maturity will be par.
If either underlier falls by more than 20%, investors will lose 1.25% for every 1% decline of the lesser performing underlier beyond 20%.
Goldman, Sachs & Co. is the underwriter.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Fixed coupon underlier-linked notes
|
| Underlying assets: | Russell 2000 index, iShares MSCI EAFE ETF
|
| Amount: | $4,175,000
|
| Maturity: | Oct. 24, 2018
|
| Coupon: | 5.1204% per year, payable monthly
|
| Price: | Par
|
| Payout at maturity: | Par unless either underlier falls by more than 20%, in which case 1.25% loss for every 1% decline of the lesser performing underlier beyond 20%
|
| Initial levels: | 1,361.894 for index and $61.69 for ETF (closing levels on April 18)
|
| Pricing date: | April 19
|
| Settlement date: | April 24
|
| Underwriter: | Goldman, Sachs & Co.
|
| Fees: | 0.15%
|
| Cusip: | 40054L7A6
|
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