By Wendy Van Sickle
Columbus, Ohio, April 6 – GS Finance Corp. priced $3.79 million of callable buffered monthly range accrual notes due March 29, 2028 linked to the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.
Interest will accrue at 4.85% annualized for each day that the index closes at or above 75% coupon barrier, payable monthly.
The notes will be callable at par on any interest payment date after one year.
The payout at maturity will be par.
The notes are guaranteed by Goldman Sachs Group, Inc.
Goldman Sachs & Co. is the agent.
| Issuer: | GS Finance Corp.
|
| Guarantor: | Goldman Sachs Group, Inc.
|
| Issue: | Callable buffered monthly range accrual notes
|
| Underlying index: | Russell 2000
|
| Amount: | $3.79 million
|
| Maturity: | March 29, 2028
|
| Coupon: | 4.85% annualized for each day that each index closes at or above coupon barrier, payable monthly
|
| Price: | Par
|
| Payout at maturity: | Par
|
| Call option: | At par plus interest on any interest payment date beginning March 27, 2019
|
| Initial level: | 1,513.566
|
| Coupon barrier: | 1,135.1745, 75% of initial level
|
| Pricing date: | March 27
|
| Settlement date: | March 29
|
| Agent: | Goldman Sachs & Co.
|
| Fees: | 3.89%
|
| Cusip: | 40055AR33
|
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