By Susanna Moon
Chicago, Aug. 31 – GS Finance Corp. priced $2.14 million of 4.35% callable coupon buffered notes due Aug. 31, 2022 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
Interest is payable quarterly.
The notes are callable at par on any interest payment date after one year.
The payout at maturity will be par unless the index falls by more than 15%, in which case exposure to losses beyond buffer.
Goldman Sachs Group, Inc. is the guarantor.
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: | Callable coupon buffered notes
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| Underlying index: | Russell 2000 index
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| Amount: | $2,137,000
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| Maturity: | Aug. 31, 2022
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| Coupon: | 4.35%, payable quarterly
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| Price: | Par
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| Payout at maturity: | Par unless index falls by more than 15%, in which case exposure to losses beyond 15%
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| Call option: | At par at par on any interest payment date beginning in August 2018
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| Initial level: | 1,382.229
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| Pricing date: | Aug. 28
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| Settlement date: | Aug. 31
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| Agent: | Goldman Sachs & Co. LLC
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| Fees: | 3.71%
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| Cusip: | 40054LNC4
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